The stars aligned in all facets for markets today as dovish economic data, a dovish pivot from the BoE, a handful of decent earnings and high hopes for mega cap tech earnings, as well as speculation of a ceasefire in Gaza, turned Wednesday’s frown upside down. The S&P, RTY and CCMP all spiked around 130bps, while Oil and the DXY fell (the former fell 3.5% below $79). The 10yr dropped small – about 5bps. In terms of the data, weekly claims of 224k were 10k above expectations and US Unit Labor C…
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