In recent trading sessions, U.S. stock markets have shown a remarkable upward trend, with both the Dow and S&P 500 reaching new all-time highs. The surge is largely attributed to growing expectations for an interest rate cut by the Federal Reserve, spurred by mixed inflation data that came in lower than expected, and a steady consumer sentiment. Despite some fluctuations due to worries over inflation and disappointing economic indicators, major indexes like the Nasdaq also joined in on the rally, with recent reports indicating a healthy performance in tech stocks. Global markets reflected this sentiment as well, with international equities gaining alongside the optimism surrounding potential U.S. rate cuts. Overall, Wall Street remains cautiously optimistic, awaiting further economic updates that could influence future trading.