(Repeats from Friday, no changes to text. Updates chart)
** S&P 500 .SPX down first time in 5 weeks, but slips just 0.1% .N
** Dow .DJI , and Nasdaq .IXIC also dip slightly. This with the Dow hot to the touch Nasdaq generals in the trenches and as troops continue to flee Still, the DJ Transports .DJT deliver a record run, close up ~1.4%, for a 12th straight week of gains Majority of sectors derailed: Energy and consumer discretionary slide, while healthcare and real estate steam ahead; indeed, on a relative basis, defensive groups are suddenly rearing their ugly head Energy .SPNY slumps 1.8%. Oil stocks fall on demand fears as virus surges in India Communication Services .SPLRCL off 0.6%. Netflix NFLX.O drops ~8% on subscriber slowdown Tech .SPLRCT loses 0.5%. Intel INTC.O worst sector performer, down ~9%, as data center sales, profit forecast disappoint But IBM (NYSE:IBM) IBM.N rises as qtrly sales growth highest in >2 yrs on cloud strength Apple AAPL.O edges up, but still bruised vs the Nasdaq 100 .NDX Consumer Staples .SPLRCS slip 0.5%. Stubbed out? Tobacco stocks slump as nicotine fears resurface Altria (NYSE:MO) MO.N loses >9%. Analysts view Procter & Gamble PG.N well-positioned to navigate rough seas after co says will hike prices in U.S. to offset rising costs PG loses >2%
** Industrials .SPLRCI up 0.4%. Boeing (NYSE:BA) BA.N falls after CFO's surprise retirement but Kansas City Southern (NYSE:KSU) KSU.N surges 17% on $33.7 bln bid from Canadian National Railway CNR.TO Healthcare .SPXHC gains 1.8%. Intuitive Surgical ISRG.O hits record high after robust qtr Meanwhile, Bulls levitate, Bears lie low and shiver me timbers: investors gauge the housing market SPX performance YTD:
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SP 500 2021 YTD THROUGH APRIL 23
https://tmsnrt.rs/2R1lS23
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Lance Tupper and Terence Gabriel are Reuters market analysts. The views expressed are their own)