US Stocks Rally on Strong Earnings, Low Inflation

US stock markets are experiencing an upward trend, buoyed by strong earnings reports from major banks like JPMorgan and Goldman Sachs, which exceeded analysts' expectations. Alongside robust corporate performance, easing core inflation rates in the US have led to increased optimism regarding potential interest rate cuts from the Federal Reserve. The consumer price index showed a year-over-year rise of 2.9%, slightly below forecasts, contributing to positive market sentiment. Globally, Asian and European markets are also seeing gains, reflecting a supportive backdrop for investments, with notable rallies in tech shares. Meanwhile, concerns regarding geopolitical tensions, particularly in the Middle East, continue to influence market strategies. Overall, the combination of solid financial earnings and declining inflation pressures is creating a favorable environment for investors across various regions.