December 4, 2015 / 9:20 PM / in 2 years

BUZZ-U.S. stocks weekly: Back on a seesaw

** The S&P 500 index closes fractionally higher for the week as consensus trades unwind heading into year-end, causing choppy moves and sparking volatility

** Longs in Eurozone, US dollar, US tech, Japan and discretionary vs shorts in emerging markets, commodities, resources, Euro and utilities among crowded positions, BofA-Merrill strategists note

** Energy keeps getting drilled as Kinder Morgan , biggest drag and single-worst S&P performer, assesses its dividend and financing plans

** Tale of two transports: Brakes slam on railroads and truckers , while sky’s the limit for airlines

** Brick and mortar retailers not feeling holiday cheer as e-commerce encroaches

** In tech, investors firmly dug into FANGs

** And SOX rocks with Qualcomm and Avago leading the way, and as Yahoo plots its future

** Financials finish with flurry Friday as a rate hike becomes a near certainty

** Internationally, a new China equities benchmark formed with likes of Alibaba and Baidu added to the MSCI China index

** YTD performance worldwide (in local currencies): SPX +1.5 pct, Nasdaq +8.6 pct, the STOXX 600 +8.2 pct, the HSI -5.8 pct, and the Topix +11.8 pct

Messaging: RM: lance.tupper.tr.com@reuters.net

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