** S&P 500 .SPX breaks four-week losing run, bounces 0.5% .N

** Dow .DJI gains ~1%, ends up for the first time in three weeks, while Nasdaq Composite .IXIC ekes out 0.2% gain for its first advance in five weeks

** In any event, might the seasonal change spark a fresh start?

** And despite a choppy week for the SPX and IXIC, which included some sharp downdrafts, last week's lows remain intact

** Indeed, amid cooling correlations .COR3M, stocks have made a comeback off the mid-Mar lows

** U.S. 10-Year Treasury yield US10YT=RR, now around 4.25%, still has its head in the Cloud

** In the end, however, only a minority of sectors score; Energy and Financials on fire, while defensive plays shut down

** Energy .SPNY rallies 3.2%. Sector rises on higher crude prices after U.S. vow to keep attacking Yemen's Houthis, fresh sanctions on Iran and expected tighter supply O/R

** Financials .SPSY up 1.9%. Berkshire Hathaway BRKa.N raises stakes in Japanese trading houses; shares hit record high

** Healthcare .SPXHC up 1.1%. Though Incyte INCY.O drops after experimental skin disease drug meets main goal of two separate late-stage trials, but significantly underperformed prior studies

** Industrials .SPLRCI up 0.8%. Boeing BA.N climbs as it wins U.S. fighter jet contract, while competitor Lockheed Martin LMT.N descends

Conversely, FedEx FDX.N falls after lowering full-year rev, earnings outlooks on uncertain U.S. economy

** Consumer Discretionary .SPLRCD essentially flat. Though Nike NKE.N trips after bleak rev forecast

Tesla TSLA.O rises Weds after near 10% slump over past two sessions, and rebounds Fri after Musk recommends employees keep their shares. Still, TSLA ends down for a ninth straight week

** Tech .SPLRCT ticks down 0.1%. Nvidia NVDA.O dips following CEO's keynote at co's annual software developer conference; AI cost concerns weigh

Memory chips maker Micron MU.O falls on conservative gross margin forecast

Semiconductor index .SOX sags 0.9%

Accenture ACN.N tanks on delayed and canceled consultancy contracts woes as new U.S. administration curbs spending

** Communication Services .SPLRCL off 0.1%. Alphabet GOOGL.O falls on Google's $32 bln deal to buy cloud security firm Wiz

Facebook owner Meta Platforms META.O shares see red for first time in 2025

** Materials .SPLRCM off 0.3%. Steelmaker Nucor NUE.N droops after downbeat qtrly profit guidance

** Consumer Staples .SPLRCS down 0.3%. General Mills GIS.N falls after cutting annual sales, profit forecasts as snacking demand slows

** Meanwhile, individual investor bears levitate, bulls languish

** 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))