📈🛡️💸 Wall Street Rallies for 3rd Day as Earnings Lift Sentiment, Tariff Uncertainty Lingers
🔹 Summary:
U.S. stocks surged for a third consecutive session, with the S&P 500 climbing 2.02%, as solid corporate earnings offset investor jitters over President Donald Trump's evolving tariff agenda.
Despite the bounce, markets remain volatile, with tariffs still casting uncertainty across global trade and business outlooks.
🔹 Key Points:
• S&P 500 +2.02%, Nasdaq +2.74%, Dow +1.23%; rally continues but indexes remain below pre-tariff highs.
• Treasury yields fell as demand for 10-year bonds remained strong, calming fears of a foreign buyer retreat.
• Dollar weakened, falling 0.6% vs yen; euro gained 0.7% amid shifting trade sentiment.
• ServiceNow soared 14.8% on strong AI-driven earnings; Alphabet's report awaited for further AI insights.
• 73.9% of S&P 500 firms have beat Q1 earnings expectations despite widespread tariff concerns.
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