Stocks hit more records on Monday, with S&P 500 up 1.2%, Dow Jones up 0.7%, and Nasdaq up 1.9%. Asian markets also rallied ahead of U.S.-China meeting to ease tensions. Fed expected to cut interest rates, monthly inflation report better than expected, AI bubble concerns rise.

Companies like Keurig Dr Pepper report profits, influential tech companies set to report results. Mergers and buyouts announced, Cadence Bank to be acquired for $7.4 billion. Novartis to buy Avidity Biosciences for $12 billion. Stock indexes rise globally, Nikkei 225 hits 50,000 level.

Yield on 10-year Treasury eases, gold price drops as optimism in financial markets rises. Market-friendly policies boost Japan’s stocks, Prime Minister Takaichi’s support. Fed expected to cut rates, AI bubble concerns grow. Stocks rally, S&P 500 hits record high.

Read more at Yahoo Finance: Wall Street rallies to more records as gold’s price slumps again