U.S. stocks rebounded sharply on Wednesday, fully erasing last Friday's losses, as upbeat corporate earnings and renewed investor optimism outweighed concerns over escalating trade tensions.
Market sentiment is cautious as investors balance strong earnings and macro concerns. Palantir rises 8% and AI ETFs see gains, while defensive bets are in demand.
State Street Investment Management introduces 11 Select Sector SPDR Premium Income ETFs, combining sector exposure with covered-call approach for income.
Wall Street looked set to close the week on a high note, with large-cap benchmarks pushing higher in Friday's midday trading as optimism over corporate earnings and progress on global trade talks provided support for risk assets.
