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Stock Bulls Fuel Best Winning Run Since March 2022: Markets Wrap

US Goods-Trade Deficit Widens to Fresh Record in March

Wall Street traders are cautiously adding fuel to the stock rebound, in a high-stakes bet that Corporate America will weather slowing economic growth and tariff-fueled disruptions to earnings.

Investors looked past weak consumer confidence and labor data to send the S&P 500 up 0.6%. The gauge notched its best six-day run since March 2022, rising about 8% in the span. The Nasdaq 100 is close to erasing all of its losses since April 2, when President Donald Trump announced his trade offensive. Treasuries extended their April gains, with 10-year yields dropping below 4.2%. The dollar rose against most major currencies.