March 11, 2016 / 9:23 PM / a year ago

BUZZ-U.S. stocks weekly: Ebb and flow

** Stocks gyrate as central bank machinations are digested, all leading to the upcoming FOMC Meeting

** S&P 500 buffeted by violent reaction to ECB, but manages to recover; finishes up 1.1 pct

** 4th straight weekly gain as flows wade deeper into risk pool, and European corporate bonds catch a bid

** All 10 S&P sectors end higher; shift to value progresses with materials up 2.1 pct, while energy finishes up 2 pct

** Utilities add 2.1 pct despite US 10-Year Treasury Yield climbing to 6-week high

** Materials continue to benefit from recovery in commodities; NYMEX Crude nears $40.00; highly correlated LyondellBasell gains 7 pct; Spot Gold hits 13-month high; Newmont Mining adds 2 pct

** Despite energy sector strength, Williams Cos worst performing SPX stock, down 16 pct, as drama with Energy Transfer Equity continues to play out

** Info tech adds 1 pct, but concerns over a short-circuiting PC market linger ; Micron Tech down 4 pct

** Healthcare up 1.7 pct, though proposed change to Medicare Part B reimbursement hits biotechs ; Regeneron falls 7 pct

** Consumer Discretionary posts small gain of 0.6 pct, but Urban Outfitters best performing SPX stock, swells 20 pct, on strong earnings

** One-year sector performance for the S&P 500 : reut.rs/1k6B7QQ

RM: terence.gabriel.tr.com@reuters.net; RM: lance.tupper.tr.com@reuters.net

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below