Stocks rallied this week. All the major indexes were higher; even Bitcoin began to move higher. There are several reasons for the bullish sentiment, and they all have to do with tariffs. Specifically, the idea is that the United States may be closer to announcing deals with several countries, including China.
Is this a fragile rally, or an all-clear signal for the bulls? We may know more next week, which will be full of economic data. On Wednesday, investors get the latest reading of the Personal Consumption Expenditures (PCE) Index. The early read of the PCE this week suggests the number may be hot. Then on Friday, the April jobs report will come out. Both could be market-moving events.
It’s also peak earnings season, and several key names will report next week, including Meta Platforms Inc. (NASDAQ: META) and Apple Inc. (NASDAQ: AAPL). The MarketBeat analysts will be staying on top of the stocks and stories moving the market. Here are some of the most popular articles from this week.