BUZZ-U.S. stocks weekly: Confidence builder

Fri Apr 1, 2016 4:12pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** S&P 500 notches a 1.8 pct gain, boosted by dovish
Fed comments and solid economic data  
    ** Meanwhile, the Dow Jones Industrial average shows
bullish breakout on charts, putting new highs in reach
 
    ** 9 of 10 S&P sectors lift. Just energy sees red,
fades 1.3 pct, as skepticism increases over oil output freeze
 
    ** Tech up the most, adds 2.7 pct. Yahoo 
among top performers gains 4.6 pct as co sets a bid deadline for
its web business and Asian assets 
    ** Consumer discretionary rises 2.5 pct. Carnival
Corp up 7.8 pct on strong results; buoys Royal Caribbean
 10 pct higher 
    ** Financials up 1.7 pct. Metlife rises 5.3
pct and insurer's legal win emboldens others to challenge the
"too big to fail" tag  
    ** Health Care adds 1.9 pct. Nasdaq Biotechnology
index bounces 5 pct, best week since mid-Sept. Regeneron
 one of SPX top performers up 9.3 pct 
    ** Investors shift focus to Q1 earnings, while
JPMorgan warns recent momentum stock selloff could reignite in
coming weeks 
    ** One-year sector performance for the S&P 500 : reut.rs/1k6B7QQ
  

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