Wall Street Soars to Record Highs as Cooler Inflation Ignites Rate Cut Hopes

U.S. equity markets are experiencing a robust rally this Friday, October 24, 2025, with all three major indexes surging to new record highs by midday. The bullish momentum is largely fueled by a cooler-than-expected September Consumer Price Index (CPI) report, which has significantly bolstered investor confidence in imminent interest rate cuts by the Federal Reserve. Midday trading patterns indicate a broad-based rally, with technology and growth-oriented companies leading the charge, alongside strong perfo ...