Equity futures are posting solid gains following strong earnings beats from Walmart and Nvidia, with growing expectations for a December Federal Reserve rate cut. Both Nasdaq-100 futures and Russell futures are up over 2%, with Dow futures and S&P futures also sharply higher. The probability of a December rate cut jumped from 30% yesterday to 43.7% today, driven by the release of the delayed September nonfarm payrolls data. The U.S. economy added 119,000 jobs in September, easily beating expectations, although August figures were revised sharply lower, showing a loss of 4,000 jobs. Gold, Silver, and Copper futures are all trading higher on the increased rate cut probability. WTI Crude Oil futures are up over 1% after reports that Ukraine struck Russia's refinery infrastructure, damaging roughly 10% of the country's refining capacity.