PLBY - Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. The major stock averages closed the week higher as U.S. economic data underscored a recovery that's building momentum. For the week, the Nasdaq gained 1.1%, the Dow rose 1.2%, and S&P 500 increased 1.4%, its sixth weekly gain in the past seven. The S&P?s strong performance in recent weeks has pushed its year-to-date gains to more than 11%. Retail sales, housing starts and jobless claims all came in better than the market was anticipating, while investors took a pop in March consumer inflation in stride. Bonds were more volatile though, with strong buying, possibly due to short-covering, pushing yields down after Thursday's retail sales figures. Yields then rebounded on Friday. Cryptocurrencies also garnered a good deal of attention. Bitcoin rose to a record high as

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Wall Street Breakfast: What Moved Markets