Wall Street closed sharply higher today after fresh inflation data came in softer than expected, easing fears about prolonged high interest rates. The major indices posted significant gains:

• Dow Jones Industrial Average jumped 483.52 points (1.10%)

• S&P 500 gained 72.31 points (1.13%)

• Nasdaq Composite climbed 296.50 points (1.39%)

Key Drivers:
The rally followed reassuring U.S. Labor Department data showing President Donald Trump's tariff policies have had only modest effects on consumer prices, boosting investor confidence that:

• Inflation remains contained

• The Federal Reserve may cut interest rates sooner than expected

Market Reaction:

• Treasury yields fell as traders priced in higher probability of rate cuts

• Rate-sensitive technology stocks led the gains

• Market-implied odds of a September rate cut rose to nearly 70%

Analyst Insight:
"The inflation numbers were exactly what the market needed - enough cooling to keep Fed easing on the table but not so weak as to signal economic trouble," noted [Name], Chief Investment Officer at [Firm].

Next Watch:
Investors now turn their attention to:

• Wednesday's Fed policy decision

• Updated economic projections

• Potential signals about the timing of rate cuts