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Wall Street Futures Tick Higher as 2026 Trading Begins

U.S. stock futures moved higher early Friday, signaling a confident start to the first trading session of 2026. The gains follow a strong multi‑year run for equities and come as investors look ahead to a new year of economic and corporate developments. Dow Jones Industrial Average futures edged up, S&P 500 futures posted a modest rise, and Nasdaq futures led the early advance with a stronger uptick. The move reflects continued enthusiasm for technology and growth‑oriented sectors, which helped drive markets through much of the previous year. Despite bouts of volatility in late 2025, major indexes closed the year with solid performance, supported by resilient consumer spending, easing inflation pressures, and expectations of a more accommodative monetary environment. As 2026 begins, traders are watching several themes: the timing and pace of potential interest‑rate cuts, the durability of tech‑sector leadership, and whether gains will broaden across more industries. Early future...
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A New Era in New York: Zohran Mamdani Sworn In as City’s First Muslim Mayor

Zohran Mamdani is sworn in as mayor of New York City, flanked by his wife Rama Duwaji and New York attorney-general Letitia James, at Old City Hall Station, New York.

Zohran Mamdani has officially begun his term as New York City’s 112th mayor, marking a historic milestone as the first Muslim to lead the nation’s largest city. The 34‑year‑old took the oath of office just after midnight in a decommissioned subway station beneath City Hall, placing his hand on a Quran during the ceremony.

In his inaugural address, Mamdani outlined an ambitious agenda centered on affordability, public transit, and expanded social services. He pledged to “govern expansively and audaciously,” reaffirming commitments to policies such as rent freezes, free bus service, and universal child care.

A public ceremony later in the day featured prominent progressive figures, underscoring Mamdani’s political roots and the coalition that propelled him to victory. The event also drew widespread attention online after a cultural performance went viral, highlighting the broader significance of the moment for many New Yorkers.

Mamdani’s rise from state assembly member to mayor has been described as unlikely, but his inauguration signals a shift in the city’s political landscape. As he begins his four‑year term, he faces major challenges, including housing affordability, transit reliability, and deep political polarization. Supporters view his election as a mandate for bold change and the start of a new chapter in New York’s history.


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