Global markets surged in a broad-based rally today, recovering from recent losses as easing inflation concerns and strong corporate earnings boosted investor confidence. The S&P 500 jumped 1.8%, while tech-heavy Nasdaq soared 2.5% as megacap stocks led the charge. Asian and European markets followed suit, with China's Shanghai Composite gaining 1.2% after policymakers announced fresh stimulus measures. The rebound comes after weeks of volatility triggered by geopolitical tensions and hawkish central bank rhetoric. Analysts note the rally was supported by falling Treasury yields and a weaker dollar, which eased pressure on emerging markets. However, some caution remains as traders await key economic data and Fed commentary later this week that could test the sustainability of this recovery.