US equities had a remarkable week, with the S&P 500 and Nasdaq both achieving new closing highs, fueled by mounting expectations for interest rate cuts from the Federal Reserve. The Dow Jones surged by nearly 400 points for two consecutive days, joining the upward trend across global markets. Investor sentiment remained strong after better-than-expected inflation data, prompting a worldwide rally. As liquidity concerns linger, analysts suggest that recent gains in major indices reflect a bullish outlook, particularly with the potential for rate cuts on the horizon. Despite these positive developments, some market watchers are cautious, anticipating how upcoming inflation reports may impact this bullish trend.