US stocks weekly: Distress

S&P 500 .SPX edges down 0.4% as artificial intelligence worries, revived tariff angst and geopolitical concerns persist .N

Dow .DJI drops 1.3%, Nasdaq Composite .IXIC dips 1%

S&P 500 still corralled by moving averages with 100-DMA resilient, while a contracting range puts Nasdaq Composite .IXIC at a crossroads

In any event, US stocks end February on sour note, but Dow's monthly bar still sings

U.S. 10-Year Treasury yield US10YT=RR declines to about 3.95%, a three-month low US/. Benchmark Treasury yield; About to go over the waterfall?

As it turns out, a minority of sectors feel the tension: Tech and Financials agitated, while safe haven plays provide solace

Tech .SPLRCT tanks 2.2%. First Solar FSLR.O slides as outlook disappoints, citing Trump-era permitting delays

Nvidia NVDA.O falls despite strong earnings; semiconductor stocks weaken

AMD AMD.O jumps on Tues on clinching up to $60 bln chip deal with Meta Platforms META.O

Semiconductor index .SOX retreats 2%, snaps 10-week winning streak

IBM IBM.N bounces after worst day since 2000 on AI disruption worries, still suffers ~7% weekly loss

Conversely, Dell Technologies DELL.N surges on AI server growth forecast

Financials .SPSY flop 2%. Group starts week on the back foot as AI disruption worries dent sentiment, then sinks on Fri amid renewed credit risk and AI disruption jitters

For the week, S&P 500 banks index .SPXBK tumbles >5%, KBW regional banking index .KRX plunges 7%

On the bright side, payments firm Block XYZ.N soars as investors cheer job cuts and upbeat 2026 profit forecast

And PayPal PYPL.O leaps after report of takeover interest

Consumer Discretionary .SPLRCD down 0.5%. Home Depot HD.N rises on Tues after qtrly earnings beat, buoyed by resilient demand from professional contractors and lower-cost repairs

Though HD falls on Weds in wake of rival Lowe's LOW.N full-year forecast below estimates and downbeat comments from both drag down homebuilder, housing-related stocks

PHLX Housing index .HGX sheds >2%

Industrials .SPLRCI tick down 0.1%. Airline stocks fall as oil prices rise after US and Iran push talks into next week

NYSE Arca Airline index .XAL descends ~5%

Communication Services .SPLRCL up 0.5%. Netflix NFLX.O climbs after it bows out of Warner Bros Discovery WBD.O bidding war, and Paramount Skydance PSKY.O rockets as it emerges the winner

Materials .SPLRCM add 1.3%. Grains: Poised to reap some big gains?

Energy .SPNY up 2%. Oil stocks track vault in crude prices as US-Iran nuclear talks extended O/R

Consumer Staples .SPLRCS up 2.7%. J.M. Smucker SJM.N rises after Jif peanut butter owner's qtrly beat, deal with activist investor Elliott Investment Management

Utilities .SPLRCU power up 2.9%. Constellation Energy CEG.O rises after Q4 profit beat on back of rising electricity demand from data centers

NextEra Energy NEE.N up after $2 bln mandatory convertible sale

Meanwhile, AAII bears hit 3-month high, and what Carson Group thinks a US strike on Iran could mean for markets

SPX performance YTD: