Stocks Climb on Earnings as Treasury Yields Drop: Markets Wrap

  • Investors cheer not-too-hot, not-too-cold U.S. GDP report
  • Greenback pares its second straight weekly gain; oil sinks
U.S. 1Q GDP Expansion Tops Forecasts at 3.2% on Trade, Inventories
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U.S. stocks capped the week with a record close on better-than-forecast earnings. Treasury yields fell after data signaled tepid inflation.