Global stocks rise on rate-cut hopes and easing U.S.–China trade tension

Global equity markets gained traction as softer-than-expected U.S. inflation data raised hopes the Federal Reserve may cut interest rates, while upcoming trade talks between the U.S. and China added to positive sentiment. Major U.S. indices hit all-time highs, led by a 1.2% rise in the tech-rich Nasdaq. European and Asian shares also climbed amid renewed investor risk appetite, though analysts caution geopolitical/tariff risks remain on the horizon.