Wall Street notches biggest gain in months, Treasury yields rise on solid earnings

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Wall Street notches biggest gain in months, Treasury yields rise on solid earnings
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All three major US stock indexes surge in a broad rally on Thursday, April 27.

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“The economic reports continue to show a mixture of decelerating and accelerating trends,” said Thomas Martin, senior portfolio manager at GLOBALT in Atlanta. “It’s tough to know how much good news is good news, and vice versa, when it comes to what the Fed has to do.”

European stocks closed higher, boosted by a raft of upbeat earnings, particularly from Deutsche Bank and Barclays.

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