Global markets surged to record highs fueled by optimism surrounding trade deals and anticipated Federal Reserve interest rate cuts. Asian stocks saw significant gains, reaching their highest point since September 2021, mirroring positive momentum from the US markets. The S&P 500 approached a record high, while the Nasdaq 100 reached one, boosting the MSCI global shares index. US futures also showed positive movement, with mixed results in individual Asian markets.

Prepared by Christopher Adams and reviewed by editorial team.