RPT-BUZZ-U.S. stocks weekly: Welcome respite

Mon Feb 1, 2016 7:38am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Repeats from Friday, no changes to text))

** S&P 500 index caps a turbulent month on a 2-week win streak as crude stabilizes and investors shift their focus to corporate report cards

** Surprise Bank of Japan NIRP move and weak economic data suggest the Fed may need to scale back its rate hike plans

** SPX lifts 1.6 pct for the week with all sectors except healthcare seeing green

** Energy rises 4.2 pct alongside oil's gains. Beaten-down CONSOL Energy (up 29 pct) confident it can ride out commodities slump, but jury still out on a sizeable number of E&Ps

** Tech earnings lead Friday's rally and dominate discussions: Facebook smashes expectations, Microsoft also beats, but Apple's iPhone sales stall and Amazon.com fails to deliver

** Healthcare staggers 1.9 pct with Nasdaq Biotechnology index firmly entrenched in bear's grasp. Regeneron, Gilead and Celgene among biggest SPX drags

** Financials still lag for the year as concerns mount over banks' energy loan portfolios

  Continued...