Global stock markets have seen a significant boost following an agreement between the U.S. and China to substantially cut tariffs. Wall Street is particularly optimistic, with futures for the Dow, S&P 500, and Nasdaq jumping as traders react favorably to the news of tariff reductions. The agreement, described as a considerable win for bulls, has instilled confidence among investors, leading to a rally in various sectors, including technology. Major indices across Asia also experienced gains, reflecting widespread market enthusiasm. As details are awaited on the implementation of the tariffs, analysts caution that sustained growth will depend on the finer points of the agreement and future developments in the trade talks.