US stocks weekly: On the rise

** S&P 500 SPX extends winning streak to three weeks, adds 1%

** Nasdaq Composite IXIC also rises for a third week in a row, while Dow DJI ends two week run of gains

** Indeed, S&P 500 builds on banner year, but big barrier looms, just as the Nasdaq may be getting too hot to handle

** U.S. 10-Year Treasury yield US10Y, at around 4.15%, on pace for third weekly decline in a row; traders eye levels

** In the end, only Consumer Discretionary, Communication Services and Technology lift, while Utilities and Energy descend most

** Consumer Discretionary S5COND leaps 5.9%. Lululemon LULU jumps 25% on week after raising annual forecasts on strong holiday demand, and Ulta Beauty ULTA pops ~11% after annual profit forecast raise

Tesla TSLA down on Mon after judge rejects, again, request to restore Musk's pay package, but rises Thurs as analysts raise PTs on 2025 growth optimism

** Communication Services S5TELS increase 4.1%. Facebook-owner Meta META hits all-time record after US appeals court upholds TikTok ban

AT&T T hits 3-1/2-year high after expansion plans, guidance boost

** Tech S5INFT vaults 3.3%. Super Micro SMCI rallies ~35% after AI server maker says panel finds no evidence of fraud regarding accounting practices, and Hewlett Packard Enterprise HPE soars to record on strong results

Salesforce CRM surges after Q3 rev beat and raise on robust cloud demand

Intel INTC initially jumps after CEO Pat Gelsinger retires, but then slides as his removal raises doubts about chipmaker's turnaround efforts. INTC sheds 13% for worst week in three months

However, Semiconductor index SOX advances 2.7% on the week

** Healthcare S5HLTH loses 2%. UnitedHealth UNH falls after largely in-line 2025 profit forecast, and insurers' shares extend declines after murder of UNH's CEO

Though Eli Lilly LLY gains as weight-loss drug Zepbound superior to rival Novo Nordisk's NOVO_B Wegovy in trial

** Utilities S5UTIL sag 3.8%. PG&E PCG drops on $2.4 bln equity capital haul

** Energy SPN craters 4.5%. Sector falls as 2025 oil supply surplus forecasts overshadow OPEC+ decision to delay output hikes

** Meanwhile, Bitcoin BTCUSD storms above $100K as Trump 2.0 fuels crypto euphoria. This as Individual Investor bulls charge, Bears cower, with US earnings outlook in focus amid lofty valuations

** SPX performance YTD: