Eyes turn to earnings as Alphabet reports later, but jobless claims loom first. Trade hopes lifted stocks yesterday, but yields were volatile on weak demand despite soft data.

U.S. financial markets rebounded Wednesday as the rhetoric around tariffs and the Federal Reserve changed tones.

President Trump's market-friendly comments on trade and the Fed lifted stocks and eased yields. Tech and consumer discretionary led. Tesla rose despite disappointing earnings.

Investors digested Tesla results and await earnings from a host of firms, including AT&T and IBM. Bessent's trade update is also ahead as hopes for progress lifted stocks Tuesday.

Tesla reports following another sharp drop for stocks and Treasuries Monday. Earnings pick up but a Treasury auction also could be key. Any trade-related news might move markets.

Recent volatility has pushed yields to historically high levels, potentially creating opportunities in municipal bonds, especially for higher-net-worth investors.

Results from Alphabet, Tesla and other big firms stand out this week along with a packed schedule of Treasury auctions. Trade developments will also be scrutinized closely.

Theoretical forecasts and earnings announcements may provide initial insights as to the impact of current tariff proposals, although estimates may be imprecise.

Chief Global Investment Strategist Jeffrey Kleintop's 90-second take on the markets for the week ahead.