The Dow Jones Industrial Average soared to an all-time high on Thursday, surpassing the 46,000 mark and closing at 46,108. Investors showed optimism as August inflation data aligned with forecasts, raising expectations of a Federal Reserve rate cut in September.

U.S. stocks rose on Wednesday following softer-than-expected inflation data and a preliminary trade agreement between the U.S. and China. The market gains reflect investor optimism amid easing price pressures and potential resolutions to ongoing trade tensions.

This week, pivotal reports on consumer and business confidence, along with crucial inflation data, are set to shape economic outlooks as trade talks unfold in London. The outcomes may significantly influence markets and the broader economy.