"Treasury Yields Surge, Stock Market Stumbles: Weekly Recap"

The stock market rally faced pressure as Treasury yields soared and earnings reactions disappointed, including Tesla, J.B. Hunt, Morgan Stanley, Intuitive Surgical, and Terex. Retail sales were unexpectedly strong, but rising mortgage rates impacted sales of existing homes. China's BYD reported record earnings, while Netflix exceeded subscriber expectations. Nvidia was affected by new export restrictions, and Taiwan Semiconductor beat views. Morgan Stanley and SLB had mixed results, transportation firms reported lower volumes, and Lockheed Martin beat expectations. Charles Schwab and Abbott Laboratories topped forecasts, while AstraZeneca and VMware faced challenges. Terex raised earnings guidance, SolarEdge warned of weaker demand, and American Express beat expectations.