US stocks weekly: Overrun

S&P 500 .SPX snaps two-week winning streak, drops 2.4% amid Trump's tariffs blitz, weak payrolls and earnings reports barrage .N

Dow .DJI sheds ~3% and Nasdaq Composite .IXIC loses ~2%

DJI started the week once again knocking on the new highs door, only to face another rejection

And the S&P 500 index's streak of record closing highs ended Mon at six, prior to four straight days of declines

U.S. 10-Year Treasury yield US10YT=RR dives Fri to ~4.22%, on track for third weekly decline in a row; indeed, the yield may still have a surprise up its sleeve US/

Nearly every sector steamrolled: Materials and Consumer Discretionary throttled, while Utilities hold the line

Materials .SPLRCM melt 5.4%. Freeport-McMoran FCX.N tracks copper metal prices lower on demand concerns, and stumbles after President Trump says U.S. to impose 50% tariff on copper pipes and wiring

Consumer Discretionary .SPLRCD descends 4.5%. Amazon.com AMZN.O tumbles after cloud computing growth disappoints

Healthcare .SPXHC retreats 3.9%. Dental products maker Align Technology ALGN.O plunges after qtrly results miss, bleak forecast. ALGN plummets ~33% on the week

UnitedHealth UNH.N slumps as co signals prolonged pain with new, lower 2025 earnings forecast

Financials .SPSY flop 3.8%. Economically sensitive bank stocks slide Fri after data signals slowing labor market

For the week, S&P 500 banks index .SPXBK down 4.7%, KBW regional banking index .KRX off 5%

Industrials SPLRCI relent 3.3%. UPS UPS.N skids as new 'de minimis' tariffs on low-value Chinese shipments dent demand

Energy .SPNY fades 1.6%. Chevron CVX.N beats consensus for Q2 profit with record production, and Exxon Mobil XOM.N surpasses earnings estimates, though both CVX and XOM lose ground Fri

Tech .SPLRCT down 1.4%. Palo Alto Networks PANW.O falls on $25 bln deal for CyberArk CYBR.O, and KeyBanc downgrade

Apple's AAPL.O qtrly rev surges, beats estimates on iPhone boost; however, AAPL ultimately submits, finishes down ~5% on the week

In contrast, Microsoft MSFT.O jumps on solid Azure cloud growth, reaches $4 trln market value

Semiconductor index .SOX sags ~2%

Communication Services .SPLRCL flat. Facebook parent Meta Platforms META.O surges on rev forecast beat as AI powers ad sales, outweighs capex hike

Meanwhile, individual investors express concerns over valuations

SPX performance YTD: