S&P Futures are higher after the Fed’s “risk management” rate cut. Powell signaled caution, but the Dot Plot hints at two more cuts in 2025. In corporate headlines: DIS halts its late-night show under FCC pressure, META debuts next-gen smart glasses, and NVO rises on Ozempic data showing lower heart-attack risk. Looking ahead—Trump and Xi’s Friday call could finalize a TikTok deal, plus cover trade on soybeans and Boeing jets. Key data: jobless claims this morning. Earnings: CBRL underwhelms despite a beat, FDS misses, with DRI, LEN, and FDX still to report.
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