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20 Turkish Soldiers Killed in Georgia Military Plane Crash

Members of emergency services work at the site of the Turkish C-130 military cargo plane crash near the Azerbaijani border, in Sighnaghi municipality, Georgia. Turkey’s Ministry of Defense announced that 20 soldiers were killed when a military transport plane crashed in Georgia . The aircraft, a C-130 cargo plane, had departed from Azerbaijan and was en route to Turkey when communication was lost shortly after takeoff. Georgian emergency teams reported that 18 bodies were recovered at the crash site , with search operations continuing to locate the remaining victims. Witnesses shared footage showing the plane breaking apart mid-air before spiraling down into farmland near the Azerbaijani border. This tragedy is Turkey’s deadliest military aviation accident in recent years . Both Turkish and Georgian authorities have launched investigations, and officials confirmed that the aircraft’s black box has been recovered . President Recep Tayyip Erdoğan expressed condolences to the families...

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Stock Market Today: Nasdaq Futures Surge as Investors Await Powell's Remarks

                                     

U.S. stock futures rose on Wednesday, with tech stocks leading the charge towards fresh record highs as investors eagerly await Federal Reserve Chair Jerome Powell's remarks for clues on future interest rates.

Dow Jones Industrial Average futures climbed 0.5%, or over 200 points, while S&P 500 futures added 0.3% following an all-time closing high. Contracts on the tech-heavy Nasdaq 100 led the way with a 0.7% gain.

Salesforce stock surged around 13% in pre-market trading after the software maker's quarterly revenue beat boosted hopes for its AI products. Shares of Okta and Marvell also jumped amid well-received earnings reports, setting a positive tone for tech stocks.

Investors are keen to hear Powell's speech in New York later today, with growing confidence in a potential December rate cut. Fed officials have signaled support for more easing as they prepare for their final meeting of the year.

A reading on private payrolls in November is also in focus after job openings data suggested the labor market is softening but not too much. The ADP report highlights a busy Wednesday of PMIs and other economic releases, leading into the all-important monthly jobs report on Friday.

Political turmoil in France and South Korea is also on investors' radar, with French lawmakers set to vote on a no-confidence motion and South Korea's president facing impeachment after briefly declaring martial law.


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