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Sign InMajor US telecommunications stocks experienced a significant rally today, led by T-Mobile (TMUS) which climbed 3.10% following an 'Overweight' rating from Morgan Stanley. This upward move was further supported by increased institutional positioning, although technical indicators like MACD and RSI suggest potential intraday volatility ahead. Simultaneously, AT&T (T) shares rose by 3.08% as market participants anticipate the company's Q1 earnings results. The optimism surrounding AT&T is also linked to the launch of its new 'OneConnect' product and ongoing fiber expansion strategies. This sector-wide momentum highlights growing investor confidence in telecom giants ahead of their financial disclosures. Overall, the rally underscores a bullish sentiment driven by positive analyst coverage and strategic corporate developments.