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Charles Schwab
- Apr 23
- 10 min
Bulls Fall Short in Attempt to Keep Winning Streak Alive
After a late-day rally that looked like it could erase weekly losses for stocks, the bulls fell short in their attempt to keep the winning streak alive but ended the final session in the green. Upbeat global April business activity reports, led by the U.S., and a solid rebound in home sales preserved optimism of strong 2021 economic output to pare losses that came amid concerns about the implications of rising COVID-19 cases in key pockets of the world, and reports that the W
30
Charles Schwab
- Apr 10
- 9 min
Stocks Head into the Weekend Higher
U.S. equities ended higher in the final trading session of the week, notching weekly gains in the process, seeing strength in Information Technology stocks that seemed to regain some footing. The moves came as the markets got another hotter-than-expected read on wholesale price inflation, and as Treasuries saw some pressure, with yields paring back some of the declines seen this week. The U.S. dollar also paused in its weekly pullback, while gold and crude oil prices were low
10
Charles Schwab
- Apr 2
- 9 min
Stocks Post Weekly Gains Heading into Holiday Weekend
U.S. equities headed into the extended Easter holiday weekend higher, notching weekly gains along the way. Growth stocks, notably Information Technology and Communication Services sectors, led the way in the wake of yesterday's unveiling of President Biden's $2 trillion infrastructure spending plan. The markets remained buoyed by economic and earnings optimism for 2021 as the new quarter began, which seemed to counter the recent spike in Treasury yields and the bounce in the
20
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