Global equity markets rallied, buoyed by renewed enthusiasm for artificial intelligence and strong performance in Asian indices, even as central banks in India and the U.S. signal persistent inflation risks. Amid this bullish environment, corporate earnings remain a focus with key reports from Disney and Cathay Pacific. Geopolitical tensions centered on the Middle East, where U.S. officials engaged in negotiations regarding the Strait of Hormuz and the Supreme Court upheld a $655 million judgment against Palestinian groups, threatening further regional instability. Domestically, the political landscape was active with key primary election outcomes in Kansas and Missouri, alongside heightened security scrutiny following the arrest of an armed individual at a Trump golf course and a separate FAA investigation into a helicopter incident involving the former president.