Global Stocks Extend Gains as Fed-Cut Hopes and Tech Earnings Boost Sentiment

Equity markets across Asia and Europe opened higher, extending Friday’s rally driven by softer U.S. inflation data and strong technology earnings. The MSCI World Index advanced 0.4%, while Brent Crude rose 1.3% to $92.10 per barrel. The U.S. dollar held steady at ₹84.29 amid growing confidence that the Federal Reserve will implement a 25-basis-point rate cut next week. Analysts said easing inflation and liquidity optimism are channeling flows into AI, semiconductor, and renewable-energy sectors as investors reposition for Q4 growth momentum.