Stock Market Today: Dow tops 42,000, pushes deeper into record territory after Fed's big rate cut
Surging U.S. index futures have sparked rallies across many bourses. In Asia, the Nikkei 225 jumped 2.1% and Hong Kong's Hang Seng added 2%, while in Europe the FTSE 100 is up 1.2%, helped by its big bevy of global-growth-sensitive commodity plays.