The Tell: Here’s why he stock market has its swagger back—for now

Don’t look now, but U.S. stocks are in a decided uptrend as a period of market anxieties appear to have faded—at least for the moment.

In its wake is a rally has ensued, with the Dow Jones Industrial Average DJIA, +0.80% on Thursday matching its longest win streak—six straight days—since a similar stretch ended Feb. 16, according to FactSet data. In fact, if the blue-chip benchmark musters a seventh consecutive romp in the green on Friday, it will equal its longest string of advances since Oct. 5.

Meanwhile, the technology-rich Nasdaq Composite Index COMP, +0.89% is poised to mark its lengthiest period of victories since a seven-session stretch ended March 12.

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