** S&P 500 pops 4 straight days, finishes week up 4%
** At first it looked like the Nasdaq's bruising might lead to a break , but a vital sign is showing improvement
** While a golden cross now looms for the SPX
** Every sector sparkles: Communication services delivers biggest bang
** Communications services jumps 5.6%. Facebook gains even as more cos join ad boycott bandwagon
** Consumer discretionary rallies 5.3%. Hotel and cruise stocks advance on hopes of COVID-19 vaccine . Though McDonald's plans to pause U.S. dine-in services by 21 days as virus cases increase
** Industrials add 4.2%. Best SPX stock FedEx , up ~20%, as results beat on pandemic-fueled shipments surge . Boeing ascends Mon on Reuters report 737 MAX test flights to start , then falls Tues as cancellations for the plane pile up
** Healthcare up 4.1%. Pfizer advances after COVID-19 vaccine developed with German biotech firm BioNTech shows potential in human trial . Amgen touches record high after patent win against Novartis on AMGN's rheumatoid arthritis drug Enbrel
** Tech lifts 3.7%. Micron rises on upbeat forecast as analysts say chipmaker remains robust on data center, smartphone demand
** Financials up 1.6%. Dividend news separates bank stocks; Citizens Financial jumps, Wells Fargo underperforms sector
** Meanwhile, 2020 so far: Q1 chills, Q2 thrills , and will there be a cure for the summertime blues?
** SPX performance YTD: (Lance Tupper and Terence Gabriel are Reuters market analysts. The views expressed are their own) ((lance.tupper.tr.com@reuters.net lance.tupper@tr.com 646-223-5017 terence.gabriel.tr.com@reuters.net terence.gabriel@tr.com 646-223-4122)
** At first it looked like the Nasdaq's bruising might lead to a break , but a vital sign is showing improvement
** While a golden cross now looms for the SPX
** Every sector sparkles: Communication services delivers biggest bang
** Communications services jumps 5.6%. Facebook gains even as more cos join ad boycott bandwagon
** Consumer discretionary rallies 5.3%. Hotel and cruise stocks advance on hopes of COVID-19 vaccine . Though McDonald's plans to pause U.S. dine-in services by 21 days as virus cases increase
** Industrials add 4.2%. Best SPX stock FedEx , up ~20%, as results beat on pandemic-fueled shipments surge . Boeing ascends Mon on Reuters report 737 MAX test flights to start , then falls Tues as cancellations for the plane pile up
** Healthcare up 4.1%. Pfizer advances after COVID-19 vaccine developed with German biotech firm BioNTech shows potential in human trial . Amgen touches record high after patent win against Novartis on AMGN's rheumatoid arthritis drug Enbrel
** Tech lifts 3.7%. Micron rises on upbeat forecast as analysts say chipmaker remains robust on data center, smartphone demand
** Financials up 1.6%. Dividend news separates bank stocks; Citizens Financial jumps, Wells Fargo underperforms sector
** Meanwhile, 2020 so far: Q1 chills, Q2 thrills , and will there be a cure for the summertime blues?
** SPX performance YTD: (Lance Tupper and Terence Gabriel are Reuters market analysts. The views expressed are their own) ((lance.tupper.tr.com@reuters.net lance.tupper@tr.com 646-223-5017 terence.gabriel.tr.com@reuters.net terence.gabriel@tr.com 646-223-4122)