Repeats from Friday, no changes to text. Updates graphic.

** S&P 500 .SPX stretches winning streak to fifth week, adds 0.9% as Wall Street shrugs off war-related economic worries .N

** Dow .DJI gains 0.5%, Nasdaq Composite .IXIC lifts 1.1%

** This as Mag Seven ETF MAGS.K forges above resistance in busy week of earnings for five of its members

** S&P 500 registers 12th record closing high of 2026 on Fri, as tech earnings counter crude and data crosscurrents; though benchmark index nears resistance, backs away

** Stocks are scoring records, but the Dow is still benched, blue-chip average ends Fri down 1.4% from Feb 10 record close

** Indeed, risk is back - and momentum MTUM.Z is running the show

** U.S. 10-Year Treasury yield US10YT=RR rises to 4.436%, highest since late Mar, before settling back, now around ~4.38%, still up around 7 basis points on the week

** Nearly every sector shows poise: Communication Services and Energy most composed, while just Materials perturbed; with this, growth .IGX / value .IVX ratio, in Apr, notches biggest monthly gain since dot‑com-era

** Communication Services .SPLRCL surge 4.5%. Alphabet GOOGL.O jumps as AI-powered Google Cloud growth fuels revenue, profit beat

Conversely, Meta Platforms META.O slides after it lifts capex forecast, to plow billions more into AI infrastructure, flags legal scrutiny

** Energy .SPNY rises 3.2%. Group gains on rising oil prices as Iran war stand-off persists

Chevron CVX.N posts Q1 profit beat on upstream segment strength, and Exxon Mobil XOM.N surpasses Q1 earnings estimate despite hit from Iran conflict. Both CVX and XOM dip ~1% on Fri as crude prices ease on new Iran peace proposal O/R

** Healthcare .SPXHC up 0.7%. Insurer Centene CNC.N rallies ~28% on week after it hikes 2026 outlook on improving medical cost controls

** Consumer Discretionary .SPLRCD up 0.4%. Starbucks SBUX.O percolates after raising annual forecasts as turnaround efforts start showing results

Amazon.com AMZN.O rises after AWS growth tops expectations

** Industrials .SPLRCI up 0.2%. Caterpillar CAT.N climbs after Q1 beat, and co expects AI-focused data center boom to drive demand for its power generation, construction equipment

** Tech .SPLRCT ticks up 0.1%. Cloud firm Oracle ORCL.N falls after report flags OpenAI growth concerns, and chip stocks drop on Tues on concerns over ChatGPT parent's ability to support massive data center spending

Semiconductor index .SOX creeps 0.8% higher

Microsoft MSFT.O falls as questions about its massive AI bets eclipse firm's cloud business growth

Though Apple AAPL.O rises after upbeat sales forecast, helped by blowout demand for its flagship iPhone 17 and MacBook Neo

** Meanwhile, on the new listings front, Bill Ackman's Pershing Square USA PSUS.N drops in debut after $5 bln IPO

** SPX performance YTD: