A lot has been going right for Wall Street this week, as solid bank earnings have added to optimism from bumper economic data and a surprise pullback in Treasury yields yesterday. This morning, Morgan Stanley (MS MS ) rounded out earnings reports for the big banks by beating expectations for sales and profit. Also, Treasury yields fell sharply, helping boost growth stocks that haven’t been as favored recently because of higher interest rates. With such good news on the economic front, investors might have expected Treasury yields to rise. And new home sales data are scheduled for release the following morning.

Source: Forbes April 16, 2021 13:30 UTC