Imani Moise

But higher commodity prices didn't translate to gains for oil stocks.

Energy was the only sector in the S&P 500 to finish the week lower, falling more than 5% as investors worried about long-term supply.

Bond markets also closed early this week, but not before the latest jobs report gave bond yields a small boost.

The 10-year Treasury recently traded at 4.35%, up from 4.32% before the Friday report.

Stock futures moved slightly lower after the report.

Turbulent Markets are usually a deterrent for mergers and acquisitions, but 2026 is off to a historic start for dealmaking.

Corporations announced 22 M&A transactions worth $10 billion or more in the quarter that wrapped up this week.

That marks the strongest start to the year for mega deals on record.

While that's good news for bankers, shareholders appear to have buyer's remorse.

Some of the companies announcing these massive acquisitions were among the week's biggest losers.

McCormick shares tumbled 8% this week after announcing it was taking on debt as part of a $65 billion deal to combine its food business with Unilever.

Similarly, Cisco shares were down 13% on the week as investors weighed the mountain of new debt tied to its $29 billion acquisition of Jetro Restaurant Depot.

but investors rewarded at least one company for writing a multi-billion dollar check.

Intel shares jumped nearly 17% this week after announcing it would spend $14.2 billion to buy out Apollo Global Management's 49% stake in their Irish chip plant.

Executives positioned the move as proof of the company's stronger balance sheet and more focused corporate strategy.

Market Momentum was good to tech stocks this week.

Facebook-Parent Meta and Google-Parent Alphabet both rebounded to finish near the top of the leaderboard, gaining roughly 8 to 9 percent each.

Their rally is somewhat of a return to normal.

Both companies led losses last week after courts found their social media platforms liable for failing to protect young people from online danger.

Nike was the biggest loser in the S&P 500 for the week.