
Record Highs: Global Markets Soar on U.S. Inflation Data and Trade War Truce
Published on: Aug. 13, 2025, 2:58 a.m. | Source: Devdiscourse
World shares reached record highs due to U.S. consumer price data suggesting a potential Federal Reserve rate cut and a trade war ceasefire. The S&P 500, Nasdaq, and Dow Jones rose notably, driven by gains in technology and financials. European and Asian stocks followed suit, buoyed by positive sentiment.