Stocks Notch Historic Rally on Trade Outlook, Jobs: Macro Squawk

The S&P 500 racked its longest winning streak since 2004 — nine straight days — closing out a week of mixed big tech earnings and economic data, and a possible thaw in US-China tariff talks. On Friday, China’s Commerce Ministry said it’s evaluating possible trade talks with the US, helping the benchmark S&P and Nasdaq 100 rally more than 1%. Meanwhile, Treasuries fell after a solid US employment report showed tariff uncertainty hasn’t hit the job market yet, prompting traders to trim interest-rate cut bets to 78 basis points of total easing this year from around 90 basis points before ...