Wall Street extended its rally this week, erasing post-tariff losses as earnings season opened strong and major tech companies beat forecasts, according to Benzinga. Investor sentiment improved due to positive trade developments and a strong start to earnings season. The S&P 500 notched its longest winning streak since May 2024. Industrials and tech led gains, while energy stocks slumped alongside falling oil prices. First-quarter GDP contracted 0.3, missing estimates. Stronger-than-expected April job gains highlighted labor market resilience and improved the overall economic outlook. Core PCE inflation slowed to 2.6, while markets now await the Fed’s policy meeting and Chair Powell’s remarks.