The market rally continued into May as companies like Microsoft MSFT and Meta Platforms META reported blowout Q1 earnings. But while stocks reclaimed their pre-Liberation Day highs, sour sentiment and uncertainty continue to bleed into survey data.

MSFT

<p>The market rally continued into May as companies like Microsoft MSFT and Meta Platforms META reported blowout Q1 earnings. But while stocks reclaimed their pre-Liberation Day highs, sour sentiment and uncertainty continue to bleed into survey data.</p>

- The market rally persisted into May, driven by strong Q1 earnings from companies like Microsoft and Meta Platforms.  
- Despite stocks recovering to pre-Liberation Day highs, negative sentiment and uncertainty are affecting survey data.  
- This mixed outlook suggests potential challenges ahead for the market.  

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