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RPT-BUZZ-U.S. stocks weekly: Competing forces

(Repeats from Friday, no changes to text. Adds chart) ** S&P 500 gains 3.2% on vaccine and recovery hopes, while U.S.-China tensions weigh ** SPX suddenly treading lightly as it nears two tough trip wires, while at the same time it's feeling a bit frothy ** So it may be tough to jump with a bad ankle, or when your motor is sputtering ** Nearly every sector comes in on the upside: Industrials and energy lead, while just healthcare dips ** Industrials surge 7.2%. United Airlines rallies >27% as it sees improvement in travel demand, boosts group. ARCA Airlines Index climbs ~18% ** Energy leaps 6.1%. Oil stocks climb over easing restrictions, output cuts by major producers, though group slips later in week on U.S.-China tensions, demand concerns ** Consumer discretionary rises 4.3%. Best SPX stock, L Brands, jumps nearly 40% on plans to scale down struggling Victoria's Secret unit. Home Depot misses profit estimates as coronavirus costs weigh , but analysts say co likely to benefit as consumers spend more on home categories. HD ends week up about 1% ** Financials rally 4.3%. Though toward end of the week, big banks track falling Treasury yields amid souring U.S.-Sino relations. Nevertheless, S&P Banks index advances 5.3% ** Tech up 3.3%. Nvidia rises as co forecasts Q2 sales above estimates. Chip index rallies 6% ** Consumer staples edge up 0.2%. Walmart slips even as stockpiling drives Q1 beat ** Healthcare down ~1%. Becton Dickinson falls >7% amid capital raise wave in medical device space . Not SPX member, Moderna Inc sinks well below share offer price as report questions coronavirus vaccine data, though Fauci calls trial results 'good sign' , and former U.S. FDA head Gottlieb cautiously optimistic about COVID-19 treatments. Nasdaq Biotech index up 1% ** Meanwhile, individual investors see inflated valuations , and fund managers see a U-shaped rebound ** SPX sector performance YTD: (Lance Tupper and Terence Gabriel are Reuters market analysts. The views expressed are their own)