RPT-BUZZ-US stocks weekly: AI vs yields
Cisco Systems, Inc. CSCO | 0.00 | |
Ford Motor Company F | 0.00 | |
Lumentum Holdings, Inc. LITE | 0.00 | |
Trump Media & Technology Group Corp. DJT | 0.00 | |
NVIDIA Corporation NVDA | 0.00 |
Repeats from Friday with no changes to text. Updates graphic
** S&P 500 .SPX rises seventh-straight week, ekes out 0.1% gain as AI cheerfulness contends with rising oil, and yields .N
** Dow .DJI dips 0.2%, Nasdaq Composite .IXIC ticks down 0.1%, ends six-week winning streak
** S&P 500 rally hits new highs, but cracks emerge beneath the surface
** U.S. 10-Year Treasury yield US10YT=RR surges to around 4.60%, a 1-year high, as oil prices and inflation data rattle investors US/. This has the benchmark yield knocking on the breakout door
** In the end, only a minority of sectors victorious: Energy dominates, while bond-proxies and Consumer Discretionary bow out
** Energy .SPNY leaps 6.8%. Oil firms gain on rising crude prices as Trump and Iranian minister's comments dent peace hopes O/R. Though, energy’s big lead comes with a big warning
** Tech .SPLRCT up 1.2%. Cisco CSCO.O soars on strong 2026 forecast, job cuts in AI-focused restructuring
Optical-technology maker Lumentum LITE.O brightens ahead of Nasdaq-100 index .NDX inclusion
Chipmakers jump again on Weds with memory stocks in the lead
Nvidia NVDA.O advances on report US clears China H200 chip sales, though deliveries have yet to be made
But chip sector's ascent stalls on Fri as inflation worries seep into broader markets
Semiconductor index .SOX retreats 1.6%, snaps six-week winning streak
** Consumer Discretionary .SPLRCD falters 3.1%. However, Ford F.N accelerates after Morgan Stanley lauds automaker's energy business, partnership with Chinese battery giant CATL 300750.SZ as an "underappreciated" competitive advantage
** Meanwhile, individual investor pessimism climbs while optimism edges up
On the IPO front, chipmaker Cerebras Systems CBRS.O skyrockets in blockbuster debut amid AI mania, and geothermal energy developer Fervo Energy FRVO.O surges on day one
** SPX performance YTD:

