Global Markets Rebound as U.S. Earnings Reports Drive Optimism

Wall Street rallies on strong corporate earnings, while Asian and European markets show mixed performance amid trade uncertainties.

The S&P 500, Dow Jones, and Nasdaq posted gains, with the S&P 500 rising 0.4% and the Dow adding 317 points, driven by strong earnings from companies like Mattel and Amgen.
Mattel's stock surged 15.3% after exceeding profit expectations, driven by Hot Wheels sales, while Amgen rallied 6.5% on robust growth for its cholesterol drug Repatha.
Alphabet's shares dropped 7.3% despite better-than-expected profits, as investors focused on slowing cloud revenue growth and a $75 billion capital expenditure plan for AI development.
Asian markets mostly rose, with Japan's Nikkei 225 and South Korea's Kospi gaining, though trade tensions and U.S. tariff policies continue to weigh on global economic sentiment.
Bond yields fell as data showed weaker-than-expected U.S. service sector growth, while oil prices and the U.S. dollar showed minor fluctuations in trading.