BUZZ-US stocks weekly: Simmer down

S&P 500 (.SPX) ticks down 0.4% as earnings season kick-off and geopolitics weigh (.N) Dow (.DJI) inches lower by 0.3% while Nasdaq Composite (.IXIC) dips 0.7% In any event, cooling correlations have some traders sweating Though, small caps (.RUT) have been looking pretty fair, especially in the magic mirror U.S. 10-Year Treasury yield (US10YT=RR) rises to 4.20% area, and at about 4.23%, is on track for its highest close since early Sept In the end, a majority of sectors heat up: Real Estate and Consumer Staples ablaze, while Financials most quenched Real estate (.SPLRCR) advances 4.1%. JP Morgan lowers PT on American Tower (AMT.N) , Crown Castle (CCI.N) , and SBA Communications (SBAC.O) , but all jump for the week, gaining 7-9% each Consumer Staples (.SPLRCS) up 3.7%. Walmart (WMT.O) climbs as retail giant poised to join Nasdaq 100 index (.NDX) Industrials (.SPLRCI) lift 3%. Boeing (BA.N) rises after reporting highest annual aircraft deliveries since 2018 Energy (.SPNY) up 2.4%. Exxon Mobil (XOM.N) hits record high, energy firms gain as crude prices jump on prospect of Iranian oil exports disruptions overshadowed possible increased supply from Venezuela (O/R) Utilities (.SPLRCU) up 2.1%. However, power producers fall Fri on report of White House deal to curb electricity prices Materials (.SPLRCM) edge up 0.7%. Gold miners drop Fri as bullion prices retreat after record highs. Silver has been white hot; maybe too hot? PHLX Gold/Silver Index (.XAU) extends winning streak to seven days; advances 5.5% for the week Tech (.SPLRCT) slips 0.6%. Chip stocks surge after strong results and guidance from TSMC (2330.TW) Semiconductor index (.SOX) leaps nearly 4% Communication Services (.SPLRCL) off 1.5%. Google-parent Alphabet (GOOGL.O) hits $4 trln market valuation as AI refocus lifts sentiment Financials (.SPSY) sag 2.3%. Banks, credit card issuers drop after Trump calls for 10% cap on credit card interest rates. Synchrony Financial (SYF.N) sheds 8%, Capital One (COF.N) surrenders 4% on the week JPMorgan (JPM.N) falls as investment banking fees dip, credit card cap worries weigh, Citigroup (C.N) drops despite Q4 profit beat, Bank of America (BAC.N) falls even after NII hits record, trading surges, and Wells Fargo (WFC.N) slips after slight Q4 rev and NII miss Conversely, Goldman Sachs (GS.N) climbs on earnings beat driven by robust M&A activity and trading, Morgan Stanley (MS.N) rises on Q4 profit jump, dealmaking windfall For the week, S&P 500 banks index (.SPXBK) loses 4.4%, though KBW regional banking index (.KRX) adds 0.7% Meanwhile, individual investor bulls highest since Nov 2024 SPX performance YTD: Industrials 7.6% Materials 7.2% Energy 6.8% Staples 5.7% Real Estate 4.5% Discretionary 2.5% Utils 1.6% SPX 1.4% Healthcare 0.5% Comm Svcs 0.4% Tech -0.6% Financials -0.8% (Lance Tupper and Terence Gabriel are Reuters market analysts. The views expressed are their own)