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Wall Street Futures Edge Higher as Soft Jobs Data Fuels Rate-Cut Hopes

  US stock futures ticked upward on Wednesday, extending Wall Street’s rebound as investors digested a weaker-than-expected ADP employment report. The data showed a surprise decline in private-sector payrolls, reinforcing expectations that the Federal Reserve may move forward with an interest rate cut at its upcoming December meeting. Market Performance Dow Jones Industrial Average futures rose about 0.2%, adding 80 points to 47,624. S&P 500 futures gained 9.25 points to 6,849.50, up 0.14%. Nasdaq 100 futures advanced 25.50 points to 25,631.50, a 0.10% increase. Key Drivers The ADP jobs report revealed a drop in private-sector employment, signaling cooling labor market conditions. This bolstered investor confidence that the Fed will ease monetary policy, with markets pricing in nearly 88% odds of a rate cut next week. Tech stocks continued to provide momentum, with Nvidia and Marvell edging higher. Crypto-linked stocks surged, with PMAX up 67%, CMCT up 30%, a...
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Wall Street Poised for Gains as U.S.-Britain Trade Deal Nears Completion

Wall Street is set for a higher open as investors react to news that the United States and Britain are on the verge of finalizing a trade agreement. The deal, expected to be announced at 10 a.m. ET, aims to lower tariffs on select goods, marking a significant step in trade relations between the two nations.

Market optimism is reflected in premarket trading, with Dow E-minis rising 0.75%, S&P 500 E-minis up 0.94%, and Nasdaq 100 E-minis climbing 1.32%. The agreement follows a pause in country-specific tariffs imposed by the U.S. last month, signaling a potential shift in trade policy.

Investors are also keeping an eye on semiconductor stocks, which have gained momentum amid reports that the U.S. may ease export restrictions on AI-related chips. Meanwhile, economic data shows a decline in unemployment claims, further boosting market sentiment.

As Wall Street prepares for the official announcement, analysts suggest that this trade deal could serve as a blueprint for future agreements with other global partners. The market’s response will likely depend on the specifics of the deal and its broader implications for international trade.



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