Stocks rallied broadly this week: S&P 500 closing at 6,106.40 (+1.12%), Nasdaq closing at 20,005.80 (+1.66%), Dow Jones closing at 44,795.10 (+1.07%), Russell 2000 closing at 2,343.20 (+2.77%). The advance was broad-based — all major indices moved higher together, a clean risk-on signal.

The 10-year Treasury yield ended the week little changed at 4.53%, providing no strong directional signal from the rates market. Gold surged +2.68% to $2,942.10, a strong safe-haven bid suggesting investors are seeking cover from uncertainty. The dollar strengthened +0.79% (DXY: 109.05), a headwind for multinational earnings and international ETF holders.

The economic calendar was quiet this week, with no major data surprises to shift the macro narrative.

Next week's calendar is lighter, with Industrial Production, Durable Goods Orders the notable releases. A quieter data week is a good opportunity to review allocations and rebalance.

This week's rally was broad-based. The S&P 500 gained 1.1% with Nasdaq +1.66% and Dow Jones +1.07% joining the advance — a clean risk-on week. A $10,000 portfolio added roughly $112. The dollar also strengthened +0.8% — a quiet headwind if you hold international ETFs, as foreign gains get partially erased when converted back to USD.

Bond yields rose 5 bps to 4.53% alongside stocks — a sign of growth optimism, not inflation fear.