US stocks weekly: Tricks, Treats and Trade

S&P 500 .SPX extends winning streak to three weeks, ends up 0.7% amid wave of reports from technology giants, Fed meeting and President Trump's trade deals .N

Dow .DJI adds 0.8%, while Nasdaq Composite .IXIC lifts 2.2%

Wall Street has seen a run of record closing highs, but S&P 500 chart hurdle looms large

And with the Dow Transports .DJT stalled, this spooky pattern suggests the Dow Industrials might soon need a tow truck?

But when it comes to investing style factors, momentum MTUM.K leads, but growth SPYG.P hot on its heels

U.S. 10-Year Treasury yield US10YT=RR rises after Fed Chair Powell says December rate cut "not a foregone conclusion", to settle around 4.08%, set to snap four straight weeks of declines US/. So far, yield surviving big test of support on the charts

In the end, just four sectors bag sweets: Technology and Consumer Discretionary get the most confections, while Consumer Staples, Materials and Real Estate compile rocks

Tech .SPLRCT jumps 3%. Nvidia NVDA.O hits $5 trillion market valuation after deal with U.S. government

Qualcomm QCOM.O soars on launch of new AI chips in data center push

Chip stocks rise on US-China trade deal optimism

Semiconductor index .SOX surges 3.6%

Microsoft MSFT.O slips as massive AI infrastructure spending deepens concerns about costs of sustaining cloud business boom

Apple AAPL.O initially rises, though finishes slightly red on Fri after outlook for holiday quarter iPhone sales exceeds Wall Street expectations, on strong demand for iPhone 17

Consumer Discretionary .SPLRCD ascends 2.8%. Amazon.com AMZN.O vaults on cloud services growth, bolstered by relentless AI spending

In contrast, Chipotle CMG.N plummets 23% on the week after third annual sales forecast cut this year, as co warns consumer spending to remain under pressure through early 2026

Communication Services .SPLRCL up 0.6%. Google parent Alphabet GOOGL.O gains after results beat on strong advertising, cloud demand, hikes capex again

On the flip side, Facebook owner Meta Platforms META.O shares slide as aggressive AI spending plan spooks investors

Industrials .SPLRCI eke out 0.1% advance. UPS UPS.N accelerates on upbeat Q4 rev forecast, job cuts

Caterpillar CAT.N rises on Q3 beat as higher investments in AI infrastructure drives energy and mining equipment demand

But Boeing BA.N falls after it takes $5 bln charge on delays in 777X jet program

Energy .SPNY flat. On Fri, Chevron CVX.N climbs after profit beat on record production, Exxon Mobil XOM.N dips as cash flow declines

Financials .SPSY fade 1.5%. Payments firm Fiserv FI.N plunges on the week after FY forecast slash, leadership shake-up. FI flops 47%

For the week, S&P 500 banks index .SPXBK up 1.8%, KBW regional banking index .KRX loses 1.7%

Consumer Staples .SPLRCS sag 3.7%. Chocolate maker Hershey HSY.N hikes annual forecasts, however, US candy makers haunted by Halloween discounts by retailers. HSY melts >5% on week

Real estate .SPLRCR crumbles 3.9%. Alexandria Real Estate ARE.N slumps 25% after projecting annual FFO below estimates, as leasing activity remained pressured by macroeconomic uncertainty

Meanwhile, Optimism gains while pessimism takes a dip, per latest AAII survey. And retail investors flood back into stocks as AI buzz, tech earnings ignite risk appetite

SPX performance YTD: