Futures on global indexes advanced, driven by stronger-than-expected retail sales data in the U.S. Nasdaq futures gained 0.54%, while Europe’s DAX futures rose in tandem. Market observers anticipate resilience in cyclical and growth stocks over the coming sessions. These trends focus on what's happening in the U.S. But it wouldn't be a surprise to see other countries follow in the footsteps of the world's most powerful economy, unless they want to get left behind. Indigenous Peoples have sought recognition of their identities, their way of life and their right to traditional lands, territories and natural resources for years. Yet, throughout history, their rights have been violated. Indigenous Peoples today, are arguably among the most disadvantaged and vulnerable groups of people in the world. The international community now recognizes that special measures are required to protect their rights and maintain their distinct cultures and way of life. World futures posted modest gains in European pre-market trading, with DAX futures up 0.40% and CAC 40 futures rising 0.35%. Investors are weighing potential rate cuts from the ECB against stubborn inflation metrics. Credit Suisse analysts highlight defensive stocks gaining traction.
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