The market is focused on the Fed's upcoming decision and guidance, which will shape interest rate expectations and investor sentiment.

Lower oil prices could ease inflation concerns and provide support for broader equities, despite pressuring energy stocks.

Nvidia's continued expansion into AI infrastructure reinforces confidence in the long-term AI growth story.

These developments are creating a more positive risk-on environment across global markets.Whether the rally continues will depend on the Fed's message and upcoming Big Tech earnings meeting market expectations.