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'Overall, we can contain the Evergrande risk.' People’s Bank of China Governor Yi Gang said

(Bloomberg) -- Stock traders piled into companies that are more likely to benefit from a rebound in economic growth amid a surprise increase in retail sales and solid corporate earnings. Treasuries fell. Equities rose even after data showing that consumer sentiment dropped in early October. Banks and retailers led gains in the S&P 500, which headed toward its best week since July. Tech underperformed. Goldman Sachs Group Inc. climbed after posting a surge in its trading business. Trucking giant J.B. Hunt Transport Services Inc. surged to a record after better-than-estimated results, while Alco...

(Bloomberg) -- Stocks notched their best week since July as solid corporate earnings and a surprise increase in retail sales spurred a rally in companies that are more likely to benefit from an economic rebound. Treasuries fell. Equities rose on Friday even after data showing that consumer sentiment dropped in early October. Retailers and banks led gains in the S&P 500. Goldman Sachs Group Inc. climbed after posting a surge in its trading business, while broker Charles Schwab Corp. jumped on record earnings. Trucking giant J.B. Hunt Transport Services Inc. and Alcoa Corp. -- the biggest U.S. a...

(Bloomberg) -- Stock traders piled into companies that are more likely to benefit from an economic rebound amid solid corporate earnings and a surprise increase in retail sales. Treasuries fell. Equities rose even after data showing that consumer sentiment dropped in early October. Banks and retailers led gains in the S&P 500, which headed toward its best week since July. Tech underperformed. Goldman Sachs Group Inc. climbed after posting a surge in its trading business, while broker Charles Schwab Corp. rallied on record earnings. Trucking giant J.B. Hunt Transport Services Inc. and Alcoa Cor...