BUZZ-U.S. stocks weekly: High 5's

(Repeats from Friday with no changes to text. Updates chart)

** S&P 500 (.SPX) up 5 straight weeks, adds 1.4% and ends above 5,000 mark for the first time (.N)

** Benchmark U.S. 10-year Treasury yield (US10YT=RR) reached 4.195%, about 2-week high, though still faces hurdles

** SPX takes on the big 5-0-0-0 barrier, but is it flying on fumes?

** And when it comes to advance/decline lines, traders are watching the tails of two tapes

** Most sectors rejoice: Tech exults most, while bond proxies sulk

** Tech (.SPLRCT) surges 3.2%. Solar energy firm Enphase (ENPH.O) rises on improved near-term demand expectations. ENPH up 20%

Nvidia (NVDA.O) market cap on verge of exceeding Amazon.com (AMZN.O) . NVDA and Sam Altman lift chip index to record highs

Semiconductor index (.SOX) jumps >5% as the group still rips

** Consumer Discretionary (.SPLRCD) rises 1.5%. Chipotle (CMG.N) hits record high on strong burrito, rice bowls demand

Though McDonald’s (MCD.N) edges down after sales miss as Middle East conflict weighs

** Healthcare (.SPXHC) up 1.4%. Eli Lilly (LLY.N) hits fresh all-time high as obesity drug sales take off

** Communication Services (.SPLRCL) up 1%. Disney (DIS.N) soars nearly 12% after 50% dividend hike, $3 bln buyback, investment in “Fortnite” maker Epic Games

** Financials (.SPSY) tick up 0.2%. PayPal (PYPL.O) falls after flat FY24 profit growth forecast

** Materials (.SPLRCM) flat. FMC (FMC.N) slumps 16% after agricultural chemical firm’s weak Q1 outlook

** Consumer Staples (.SPLRCS) shed 1.3%. Band-Aid, Tylenol maker Kenvue (KVUE.N) down as annual profit forecast below consensus

** Meanwhile, AAII bulls stand like statues, while investors are still tapping their cash stash

** SPX performance YTD:

SP 500 2024 YTD THROUGH FEBRUARY 9

(Lance Tupper and Terence Gabriel are Reuters market analysts. The views expressed are their own)