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Stock Bulls Power Longest Weekly Rally Since 2024 | Closing Bell
Posted
May 1, 2026
Views
822
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12
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1.46%
May 1, 2026
822
12
1.46%
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10:56Now PlayingWatch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
A record-breaking run drove stocks to their longest weekly advance since 2024 amid hopes for a deal to end the Iran war that has rattled financial markets and jeopardized the economic outlook.
Efforts to turn a fragile ceasefire into lasting peace combined with solid corporate earnings and signs of economic strength sent the S&P 500 to its fifth consecutive week of gains. Tech companies led equities higher on Friday after Apple Inc. gave a solid outlook. US crude fell to around $102 a barrel on reports Tehran delivered a new proposal to Washington
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