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BUZZ — US stocks weekly: Rate reckoning

* S&P 500 falls second straight week, though dips just 0.1% as Fed Chair Kevin Warsh takes center stage.N * Dow drops 1.7%, while tech-heavy Nasdaq Composite lifts 0.7% * Nasdaq gyrates, survives support test, but upside still capped * Though recent breadth breakdown leaves Nasdaq bulls on alert after the Dow tested a key line in the sand ahead of Fed decision * And then the S&P 500 has a bounce, not yet a breakthrough * US 10-year Treasury yield finishes around 5.00% after ascending to 19-year high ahead of the Federal Reserve's decision to hike rates US/ * Most sectors succumb to the verdict: Interest-rate-sensitive plays like Utilities and Financials harshly judged, while Tech, Communication Services and Healthcare get a reprieve * Financials flop 2.3%. Big banks extend slide after Fed rate hike, Warsh press conference For the week, S&P 500 banks index drops ~4%, KBW regional banking index loses >1% * Industrials sag 1.5%. J.B. Hunt skids as higher trucking costs prompt CFO's profit warning A bright spot, Generac surges after $2.4 bln deal to supply backup generators for Amazon data centers * Tech adds 1.1%. AI-related stocks including chipmakers Nvidia and Advanced Micro fall o

.DJI.DJT.IXIC.NBI.RUT.SOX.SPLRCR.SPLRCS.SPLRCT.SPLRCU.SPSY.SPXBK

3%. 5%. B. 1%.

AI-related stocks including chipmakers Nvidia and Advanced Micro fall on Mon after top CEOs urge slower model development amid safety worries. 2%. 4% (Lance Tupper and Terence Gabriel are Reuters market analysts. com)