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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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Trump’s Remarks on Somalis Spark Outrage

U.S. President Donald Trump says he doesn't want Somalis in the U.S., urges them to go back to their homeland and fix it.                                        

During a recent Cabinet meeting, President Donald Trump reportedly stated that he does not want Somalis in the United States. The comment has drawn sharp criticism from civil rights groups, immigrant advocates, and members of the Somali-American community, who argue that such rhetoric fuels xenophobia and undermines the nation’s values of inclusivity.

Somalis in the U.S. have long contributed to the country’s cultural and economic fabric, particularly in states like Minnesota, where Somali-American communities are thriving. Advocacy organizations emphasized that targeting a specific nationality or ethnic group is discriminatory and risks deepening divisions.

Political analysts note that Trump’s remarks may further polarize debates around immigration policy, which has been a central issue throughout his presidency. Calls for accountability and respect for immigrant communities are growing louder as critics demand that the administration clarify its stance and reaffirm the nation’s commitment to diversity.


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