US stocks weekly: AI refuel
SPY•Other sectors and market sentiment
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Financials .SPSY up 1.1%. But PayPal PYPL.O tumbles after report Advent-Stripe consortium drops takeover pursuit
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Consumer Discretionary .SPLRCD ekes out 0.1% gain. Nike NKE.N and Lululemon LULU.O slide after sneaker/sportswear retailer Dick's Sporting Goods DKS.N plunges on annual forecast cut
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Materials .SPLRCM off 0.4%. That said, a grain breakout may be taking root
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Energy .SPNY retreats 2%. Sector falls along with oil prices as Iran-Oman talks revive hopes of Hormuz reopening O/R
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Healthcare .SPXHC down 2%. Moderna MRNA.O falls after unveiling convertible bond sale, ultimately raises $2.6 bln
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Meanwhile, AAII survey shows investor gloom deepening
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SPX performance YTD:
SP 500 2026 YTD THROUGH AUGUST 28 https://fingfx.thomsonreuters.com/gfx/buzz/byprdgelkpe/SP%20500%202026%20YTD%20through%20Aug%2028.jpg
