The Dow Jones Industrial Average rallied more than 133 points after global markets cheered Hillary Clinton's performance in the presidential debate last night. The markets largely ignored news that the World Trade Organization slashed its global growth forecast to a shockingly dismal 1.7%. That was a sharp fall from the 2.8% projection in April.

Despite all of the global stimulus, the large surge in international debt, and negative interest rates around the world, the world is on the brink of a recession.

What are markets expecting in response? More stimulus, more debt, and more interest rate cuts.

Let's look at the final numbers on Tuesday for the Dow, S&P 500, and Nasdaq:

Dow Jones: 18,228.30; 133.47; 0.74%                                

S&P 500: 2,159.93; 13.83; 0.64%   

Nasdaq: 5,305.71; 48.22; 0.92%

Here's a look at today's most important market events and stocks, plus a preview of Wednesday's economic calendar.

DJIA Today: Markets Celebrate Clinton Debate Performance

The Dow Jones added 133 points on Tuesday after markets cheered Hillary Clinton's performance in the first presidential debate. More than 80 million people tuned in last night to watch two candidates discuss important issues to Americans like… Donald Trump's tax returns, Donald Trump's lawsuits, Donald Trump's debt practices, and Donald Trump's birth certificate hunt. The debate largely ignored important issues about the U.S. economy, the Federal Reserve, and plans to help rescue the middle class.

Speaking of the debate, Ford Motor Co. (NYSE: F) pushed back against Trump's claims last night that the car manufacturer has been shifting its production plants to Mexico. Employees have been posting Twitter Inc. and Facebook Inc. comments linking to statistics about the company's hiring trends and investment in the United States. The firm says it has invested $12 billion into U.S. production facilities and created roughly 28,000 jobs.

Gold prices were sliding after the debate. But don't expect gold prices and gold stocks to continue to fall in 2016. Gold stocks have been one of the stellar market outperformers in 2016, and it is not too late to shop for some top gold stocks.

The price of crude oil today collapsed after Iran rejected Saudi Arabia's offer to limit its production output. Money Morning Global Energy Strategist Dr. Kent Moors has said for weeks that this deal was doomed from the start. In fact, Kent argues this week's meeting is about much more than oil prices. Here's the truth about OPEC's strategy…

The WTI crude oil price today fell 1.8%. Meanwhile, the Brent crude oil price added 2%.

While everyone was focused on last night's debate, speculation about the U.S. Federal Reserve has faded to the back pages of the mainstream publications. But the Fed remains firmly at the wheel, steering the markets and speculators. Last week, the Fed said no to an interest rate hike in September. Keep in mind that the Fed still wants at least one rate hike before the end of the year. 

Top Stock Market News Today, Sept. 27, 2016

• Wells Fargo & Co. (NYSE: WFC) was back in the news today on word that its board of directors is considering a plan to claw back compensation from former retail-banking chief Carrie Tolstedt and CEO John Stumpf. Tolstedt oversaw the division responsible for a massive business scam that ripped off at least 500,000 customers. Employees opened millions of customer accounts without their permission and charged them fees. But it wasn't just the money that is a problem. By opening new accounts without their permission, WFC likely crushed the customers' credit scores. 
• Twitter Inc. (NYSE: TWTR) added more than 0.7%, reversing from a decline earlier in the trading session. Traders cheered on speculation that the Walt Disney Co. (NYSE: DIS) is considering a bid for the microblogging giant. Shares of DIS stock were off more than 1% on speculation of a deal. Disney likely won't be the only firm to make a bid in the coming weeks. Names of other possible suitors include Salesforce.com Inc. (NYSE: CRM) and Alphabet Inc. (Nasdaq: GOOGL).
• Deutsche Bank AG (NYSE: DB) stock was hovering near a record low again today. DB stock added 0.2%, but the embattled bank is going to fall even more this year. Money Morning Global Credit Strategist Michael Lewitt has earned readers more than 166% on this company's massive decline this year. Here's Lewitt's latest on where DB stock will fall to next.
• Finally, no matter what happens in the stock market, the best stocks to buy right now for long-term gains haven't changed.