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Markets Rally on Inflation Data and Tech Earnings Optimism

Markets Rally on Inflation Data and Tech Earnings Optimism

Author:

Global Cryptocurrency

Published:

2025-10-27 01:11:02

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BTCCSquare news:

Global markets surged to record highs as cooler-than-expected inflation data fueled expectations of Federal Reserve rate cuts. The Dow Jones Industrial Average ROSE 2.20%, while the S&P 500 and Nasdaq-100 gained 1.92% and 2.18% respectively. Intel and Ford led corporate earnings momentum, with investors now turning attention to upcoming results from tech giants Microsoft, Alphabet, Meta, Apple, and Amazon.

The Roundhill Magnificent Seven ETF (MAGS) hit all-time highs ahead of earnings reports that could set the tone for tech stocks through mid-November. Market participants are particularly focused on AI-related developments following Tesla's recent earnings and ahead of Nvidia's mid-November report.

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