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(Bloomberg) -- A rally in companies that stand to benefit the most from an economic recovery drove the stock market higher on Friday after a better-than-estimated jobs report. Treasury 10-year yields sank below 1.5% for the first time in a month. All major equity benchmarks traded at records, with the S&P 500 set for its fifth consecutive weekly rally -- the longest winning streak since August 2020. Industrial and commodity shares outpaced technology firms, though the Nasdaq 100 still rose a 10th straight day. Stocks also gained as Pfizer Inc. said its Covid pill reduced hospitalizations and d...

(Bloomberg) -- A rally in companies that stand to benefit the most from an economic rebound drove stocks higher after solid jobs data and encouraging results from Pfizer Inc.’s Covid-19 pill study. Treasury 10-year yields sank below 1.5%. All major equity benchmarks climbed to records, with the S&P 500 posting its fifth consecutive weekly rally -- the longest since August 2020. Industrial and commodity shares outpaced technology firms, though the Nasdaq 100 still rose for a 10th straight day. Airlines, cruise operators, hotels and small caps jumped. Pfizer’s chief told Bloomberg Television...

* Indexes up: Dow 0.89%, S&P 0.74%, Nasdaq 0.59% (Updates to open)

(Bloomberg) -- A rally in companies that stand to benefit the most from an economic recovery drove the stock market higher on Friday after a better-than-estimated jobs report. Treasury 10-year yields sank below 1.5% for the first time in a month. All major equity benchmarks traded at records, with the S&P 500 set for its fifth consecutive weekly rally -- the longest winning streak since August 2020. Industrial and commodity shares outpaced technology firms. The Nasdaq 100 was still up for a 10th straight day. Stocks also gained as Pfizer Inc. said its Covid pill reduced hospitalizations and de...

Business Support Local News. We've been with you throughout the pandemic, the vaccinations and the reopening of schools, businesses and communities. There's never been more of a need for the kind of local, independent and unbiased journalism that The Day produces. Please support our work by subscribing today. Delta variant poses major risk to Biden's promises of swift economic comeback President Biden discusses the economic recovery at the White House on July 19. (Demetrius Freeman/The Washington Post) Published July 25. 2021 12:01AM  Jeff Stein and Heather Long, The Washington Post...