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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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Trump Appeals to Religion, Harris Focuses on Jobs as Early Voting Surges

 

As the U.S. presidential election draws near, millions of Americans have already cast their votes, with early voting numbers reaching unprecedented levels. In this critical period, former President Donald Trump and Vice President Kamala Harris are making their final appeals to voters.

Trump, speaking at a National Faith Advisory Board event in Georgia, emphasized the importance of religion in America. "I think this is a country that needs religion," he stated, framing the election as a choice between faith-based values and what he described as a "new radical left group". His campaign, however, faced backlash over racist remarks made by a comedian at a recent rally, which the campaign has distanced itself from.

Meanwhile, Harris focused on economic issues during her campaign stop in Michigan. She visited Corning Inc's Hemlock Semiconductor facility, highlighting the importance of investing in manufacturing jobs. "When we can find a way to have meaningful partnerships with the private sector, everybody wins," she said. Harris has proposed policies to address inflation and housing challenges, contrasting her approach with Trump's economic leadership.

With early voting expected to account for a significant portion of the total ballots, both candidates are intensifying their efforts to secure votes in key swing states. The outcome of this election will hinge on voter turnout and the efficiency of the vote-counting process.

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