** S&P 500 .SPX slides 1.7% as economic data, geopolitics cast a pall .N

** SPX, once again, repulsed by long-term resistance line

** Dow .DJI, down 2.5%, has worst week since late Oct, and Nasdaq composite <.IXIC> also sells off by 2.5%

** Large-cap Russell 1000 .RUI down 2%, while small-cap Russell 2000 .RUT, underperforms, swoons 3.7%

** U.S. 10-Year Treasury yield US10YT=RR declines to ~4.43%, on track to fall for a fourth-straight week, though still stuck in the weeds

** Majority of sectors worry: Consumer Discretionary and Communication Services most nervous, while Energy and defensive plays show some confidence; and when it comes to Tech vs Financials, this dogfight is getting interesting

** Consumer Discretionary .SPLRCD plunges 4.3%. Cruise operators dive after US commerce secretary Lutnick's comments on taxes. Carnival CCL.N, Royal Caribbean RCL.N lose ~11.5% and 11%

** Communication Services .SPLRCL plummets 3.7%. Facebook parent Meta META.O snaps 20-session winning streak. META loses 7% for the week

** Industrials .SPLRCI fall 2.1%. Transportation stocks sink amid economy, tariff worries. Dow Jones Transport average .DJT sheds 3.4%

** Financials .SPSY fade 2%. Big banks fall amid selloff sparked by uncertainty over consumer spending

For the week, S&P 500 banks index .SPXBK and KBW regional banking index .KRX retreat 4.2% and 3.8%, respectively

** Tech .SPLRCT tumbles 1.8%. Palantir PLTR.O falls after Pentagon eyes potential defense budget cuts

Though chipmaker Analog Devices ADI.O rises on upbeat Q1 rev, profit

Semiconductor index .SOX eases 0.5%

** Consumer Staples .SPLRCS gain 0.9%. Modelo maker Constellation Brands STZ.N jumps after Warren Buffett's Berkshire Hathaway BRKa.N discloses new stake

However, Walmart WMT.N slumps as 2026 sales growth forecast signals weary consumer, disappoints Wall Street analysts. WMT registers 9% weekly decline

** Energy .SPNY up 1.1%. Occidental Petroleum OXY.N rises after Q4 profit beat, asset sale plans. Oil prices gain on supply hits, traders cautious on Ukraine peace talks O/R

** Healthcare .SPXHC up 1.1%. Though UnitedHealth UNH.N falls on report DOJ probing its Medicare billing practices

For the week, Nasdaq biotech index .NBI rallies 1.5%

** Meanwhile, with so much doubt, a risk-off stance may help

** SPX performance YTD:

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

((lance.tupper@tr.com ; terence.gabriel@tr.com))