Stocks Soar on Tech Mania: Bulls Bet Big on Earnings and Rate Cuts (Bubble Fears or Boom?)
Market Rally and Fed Easing U.S. markets kicked off Oct. 27 at all-time highs. The Dow reached ~47,445, S&P 500 ~6,850 and Nasdaq ~23,529, driven by trade and Fed expectations reuters.com. In New York, gains were broad-based – tech stocks jumped (Intel +4%), semiconductors hit a record, and even small caps (Russell 2000) rose ~1.2% reuters.com. Optimism over an impending U.S.–China trade truce (Trump meets Xi on Oct 30 to discuss tariffs) “clearly” boosted sentiment, analysts say, powering rallies in China-exposed tech and industrial firms reuters.com ts2.tech. Inflation news added fuel: September’s CPI came in slightly cooler than feared, “calming the tariff-driven