Investors, who were largely positioned for a disappointing report, rekindled the faltering stock rally. The yield on the benchmark 10-year Treasury note pulled back and ended the week at 4.61%.
Stocks staged an everything rally after President Donald Trump made his first moves and bond yields took a breather on Tuesday. The Dow and the S&P 500 closed 1.2% and 0.9% higher, respectively. Both ...