S&P's Longest Win Streak In 21 Years Erases All Liberation-Day Losses; Big-Tech & Bitcoin Lead Gains

The string of news coming out this week was unequivocally positive, supporting (and extending) the market recovery that we have seen since the bottom on Apr-9, according to Goldman Sachs' Chris Hussey:

1. Trade. The White House continued to unilaterally pull back on its tariff policies, introducing a partial exemption for US Auto makers that use imported auto parts.

2. Data.