Following a 50 basis point interest rate cut by the Federal Reserve, major U.S. stock indices reacted positively, with the Nasdaq Composite up 1.47% and notable increases in tech stocks like Amazon, which saw an 8.21% rise. The S&P 500 advanced 0.3%, close to an all-time high, while the Dow Jones Industrial Average also reached a record as investor confidence was bolstered by robust U.S. business activity data. In Asia, the Nikkei 225 surged over 10%, largely driven by technology stocks amid speculation of monetary easing by the Bank of Japan. However, some market analysts, like David Keller, caution that the rally may not be sustainable, particularly for growth stocks, as historical patterns suggest potential downturns in September and October. Despite short-term uncertainties, there is optimism for a strong market rebound later in the year, with specific sectors identified for potential investment opportunities. Global markets remain sensitive to interest rate forecasts, with oil prices remaining resilient amid these economic shifts.