In a significant market rally, U.S. stocks surged as recent inflation data showed promising results, contributing to the best trading session since the election of Donald Trump. The Dow Jones jumped over 700 points, bolstered by robust bank earnings from institutions like JPMorgan. As the core CPI cools, investors are optimistic about future rate cuts, which has driven stocks higher across the board, including impressive gains for the Nasdaq and S&P 500. The positive reaction to the inflation report and strong bank performance indicates a turning tide in market sentiment, suggesting a potential soft landing for the economy.