Breaking: Global Markets Rally on Economic Data

Global stock markets surged today following the release of better-than-expected economic data from major economies. The S&P 500 rose 2.3%, while European and Asian markets also posted significant gains.

Analysts attribute the rally to improved manufacturing data from China and stronger-than-expected employment figures in the United States. The positive sentiment has spread across all major asset classes, with commodities and bonds also seeing increased activity.

"This is a clear signal that the global economy is more resilient than many feared," said chief economist Sarah Chen at Global Investments. "We're seeing broad-based improvement across sectors."

The technology sector led the gains, with major tech companies posting advances of 3-5%. Financial stocks also performed well, boosted by expectations of continued economic growth.