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Wall Street Futures Rise on Bank Earnings and Rate-Cut Optimism

U.S. stock futures climbed Wednesday as strong bank earnings and renewed hopes for Federal Reserve rate cuts helped ease investor concerns over U.S.-China tensions. The Dow Jones Industrial Average gained over 200 points in premarket trading, while the S&P 500 and Nasdaq 100 also advanced, buoyed by optimism surrounding the start of earnings season. Bank of America reported a 23% jump in profit, joining other major lenders in posting robust results that reassured markets about the financial sector’s resilience. Investors are also betting on potential interest-rate cuts as the Federal Reserve faces mounting pressure to support growth amid trade frictions and a prolonged U.S. government shutdown. The combination of strong corporate performance and policy optimism has lifted sentiment after a volatile session earlier in the week. Global markets mirrored the upbeat tone, with Asian and European equities edging higher, while the dollar weakened and gold prices steadied. Analysts ...

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Israeli Forces Detain 100 Suspected Hamas Militants in Gaza Hospital Raid

 

In a significant military operation, Israeli troops captured around 100 suspected Hamas militants during a raid at Kamal Adwan hospital in northern Gaza, the military announced on Monday. The raid, which took place over the weekend, has been met with conflicting reports from Gaza health officials and Hamas, who deny any militant presence at the hospital.

The Israeli military stated that the operation was aimed at dismantling a Hamas stronghold within the hospital. “The soldiers apprehended approximately 100 terrorists from the compound, including those who attempted to escape during the evacuation of civilians,” a military spokesperson said. The troops reportedly found weapons, terror funds, and intelligence documents inside the hospital.

Gaza’s health ministry, however, has accused the Israeli forces of detaining dozens of male medical staff and causing significant damage to the hospital, which was already struggling due to ongoing raids in the area. Footage released by the health ministry showed extensive damage to several buildings, though this has not been independently verified.

The raid has intensified the already dire humanitarian situation in northern Gaza, where thousands of civilians are trapped amid ongoing military operations. The Israeli military has urged civilians to evacuate the area, but many have been unable to leave due to the continuous fighting.

This operation is part of a broader Israeli offensive aimed at rooting out Hamas militants following a series of deadly attacks. The conflict has resulted in significant casualties on both sides, with international calls for a ceasefire growing louder.


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