January 29, 2016 / 9:14 PM / 2 years ago

BUZZ-U.S. stocks weekly: Welcome respite

** 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

** With 10-year TSY well below 2 pct, dividend-paying telecom, consumer staples and utilities sectors continue to shine

** And, McDonald’s Corp serves up new all-time high

** Sector performance for the S&P500 : reut.rs/1k6B7QQ (RM: lance.tupper.tr.com@reuters.net; Messaging: terence.gabriel.tr.com@reuters.net)

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