Volatile Week for Equity Markets | Closing Bell

Bloomberg Closing Bell hosts wrap a volatile but mixed week for US equities, with major indices mostly little changed or slightly lower on Friday while the Russell 2000 outperformed. They highlight individual stock moves including Reddit's S&P 500 inclusion boost, SanDisk's JPMorgan overweight on AI NAND demand, and Unusual Machines' gain on drone tariffs, alongside declines in Oracle, Applied Materials, and QXO. The team also previews next week's retail earnings and notes long-end Treasury yields as a key 2026 story. - Major US equity indices closed mostly lower Friday but held weekly gains in S&P 500 and Nasdaq; Russell 2000 outperformed. - Reddit rallied on news it will join the S&P 500, replacing AvalonBay Communities. - SanDisk climbed after JPMorgan initiated coverage at overweight, citing AI-driven NAND demand. - Unusual Machines surged after the US announced 100% tariffs on imported drones and components. - Oracle, Applied Materials, and QXO fell on company-specific news. - Next week's Walmart, Target, and TJX earnings were previewed as a consumer health check. - The 30-year Treasury yield was flagged as a key story for 2026.