<h1>Global stocks climb as stronger US gains boost Fed rate-cut hopes despite tariff tensions, payroll revisions, oil spike</h1> Global equity markets mostly rose following strong US stock rallies after labor-market data increased expectations the Federal Reserve will cut interest rates. Major European, Asian and Australian indices advanced, while US futures were mixed. Investors weighed potential Fed easing against ongoing tariff tensions between the US and China, with the US having raised import duties and China imposing retaliatory levies under a prior de-escalation arrangement. Markets also reacted to a large downward revision to prior US payroll counts and to higher oil prices amid Middle East tensions, factors that could influence inflation and monetary policy decisions.