Nasdaq Gains 1% on Tech Earnings and Inflation Easing

U.S. stock markets showed strong gains recently, with the Nasdaq Composite leading with around a 1% increase, driven by strong performances in technology shares and companies like Intel surpassing earnings expectations. The Dow Jones and S&P 500 also climbed, buoyed by better-than-expected earnings reports such as Procter & Gamble's upbeat Q3 results and raised guidance. Inflation data released showed cooler-than-expected consumer price increases, reinforcing expectations of Federal Reserve interest rate cuts, which further supported market optimism. Notably, the tech sector saw significant positive movements, including Intel's impressive turnaround and semiconductor sector uplift. Market sentiment was also influenced by geopolitical and trade developments, including President Trump's meeting plans with Chinese President Xi Jinping and new U.S. sanctions on Russian oil firms. Overall, earnings strength and easing inflation pressures have kept investor confidence high, contributing to the upward momentum in U.S. equities.