The US stock market surged this week as the S&P 500 and Dow Jones climbed, powered by the Treasury’s surprise move to buy more long-term bonds—injecting stability and lowering yields on thirty-year Treasuries. Strong earnings from Estee Lauder and Target added investor confidence, while Moderna and Merck soared on promising cancer vaccine data. Despite tech stocks swinging, the overall mood is cautiously optimistic, with corporate profits and government action driving momentum.
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