Major US equity indexes finished the week mixed amid extraordinary cross-asset volatility. The S&P 500 ended Friday at roughly flat on the week, the Nasdaq Composite closed at down 1.9%, while the Dow Jones Industrial Average surged to a, up 2.6% on the week as cyclicals, financials, and chip stocks led a broad Friday rally. The S&P 500 Software & Services index posted its worst weekly drop (-8%) since March 2020, with names like Salesforce, ServiceNow, and Intuit falling sharply as investors de-rated the sector. The sell-off fueled a continued rotation into value-oriented sectors, with industrials, energy, and consumer staples all hit fresh all-time highs.