March 12, 2018 / 11:18 AM / 8 months ago

RPT-BUZZ-U.S. stocks weekly: Birthday bull

(Repeats from Friday, updates chart)

** S&P 500 surges 3.5 pct on week as bull market turns nine years old, nearing longest run in history

** This as Nasdaq indices recover from recent routs, hit new records; FANGs have been sharp on the charts

** And small caps have stepped up their game

** That said, DJ Composite volatility genie out of the bottle can suggest caution

** Every sector advances; industrials, financials and tech rage, while utilities eat dust

** Industrials leap 4.4 pct. Group rallies as Trump softens tariff plan

** Financials charge 4.4 pct. Sector accelerates on Fri as U.S. Treasury yields rise broadly after robust NFP report . While investors take news of Goldman Sachs CEO Blankfein’s exit preparations in stride

** Tech romps 4.3 pct. Best performer Autodesk jumps 20 pct as subscription revenue more than doubles . Lam Research hits all-time high on dividend, buyback plan. This as market tests trust in sector

** Consumer disc up 3 pct. Though Target’s bleak outlook weighs on retailers

** SPX sector performance over past 12 mths: reut.rs/2DejVTs

** Meanwhile, S&P Q4 revenue growth seen highest since 2011

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