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G7 Foreign Ministers Meet in Niagara to Hear Ukraine’s Plea Amid Escalating War

Top diplomats from the Group of Seven (G7) nations gathered in Niagara-on-the-Lake, Ontario , for high-stakes talks with Ukraine’s Foreign Minister as Russia intensifies its assault on Ukraine’s power grid. The meeting, hosted by Canada’s Foreign Affairs Minister Anita Anand , comes at a critical moment as rolling blackouts sweep across Ukraine ahead of winter. Foreign ministers from Canada, the United States, the United Kingdom, France, Germany, Italy, Japan, and the European Union posed for a family photo before beginning discussions. Ukraine’s foreign minister is expected to brief the group on the humanitarian and security consequences of Russia’s latest attacks, which have left millions vulnerable to freezing temperatures. The summit is not limited to Ukraine. Ministers are also addressing broader geopolitical challenges, including instability in the Middle East and shifting trade relationships. Still, Ukraine remains the centerpiece of the agenda, with G7 leaders reaffirming ...
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Tech Momentum and Fed Anticipation Propel Wall Street to New Heights

 



U.S. stock futures climbed Wednesday morning, continuing a record-setting streak as investors rallied behind Nvidia’s meteoric rise and anticipated a pivotal decision from the Federal Reserve. The Dow Jones Industrial Average, S&P 500, and Nasdaq 100 futures all posted gains, with the Nasdaq leading at a 0.5% increase, buoyed by tech optimism

Nvidia (NVDA) surged in premarket trading, adding to its recent rally after CEO Jensen Huang’s keynote at the GTC event highlighted new AI partnerships and a bullish outlook for the industry. The company is now nearing a historic $5 trillion market valuation, driven by expectations of $500 billion in AI chip sales

Investor sentiment was further lifted by speculation that former President Trump may ease restrictions on Nvidia’s sales to China, potentially boosting demand for its Blackwell AI processor

Meanwhile, all eyes are on the Federal Reserve, which is widely expected to announce a 25 basis point interest rate cut at 2 p.m. ET—its first since July. Analysts are also watching for signals from Chair Jerome Powell regarding the pace of future easing and the possible end of quantitative tightening by December.

The broader market remains in a “wait-and-see” mode, with earnings reports from major tech players like Amazon, Apple, and Microsoft set to follow. These results could further influence investor confidence and shape the trajectory of the ongoing AI-driven rally.


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