US equity indexes rose this week as broadening market leadership made up for slowing growth in big tech, a tariff setback, a rise in the Federal Reserve's preferred inflation gauge, and divisions in the monetary policy committee.

* The S&P 500 closed at 6,909.51 on Friday versus 6,836.17 a week ago. The Nasdaq Composite stood at about 22,886.07, compared with 22,546.67 a week earlier. The Dow Jones Industrial Average ended at 49,625.97, versus 49,500.93 at the end of last week.

* Basic materials, industrials, and energy topped the sector charts this week, according to Finviz. Technology landed in the bottom five but still grew modestly. Technology, communication services, and consumer cyclicals have lagged over one and 3 month periods.

* Minutes of the Jan. 27-28 meeting showed a diversity of views among policymakers, with some advocating for further rate cuts, a few saying the Fed should pause for the foreseeable future, and others suggesting the next rate move could be upward if inflation rebounds.

* The personal consumption expenditures price index beat the outlook for December, lifting the year-over-year rate. The core PCE price index also increased sequentially and above projections, pushing the year-over-year rate higher.

* The Supreme Court struck down President Trump's tariffs, stating that the International Emergency Economic Powers Act does not support such actions.

* President Donald Trump said he will sign an order imposing additional 10% global tariffs, under Section 122. "We are also initiating several Section 301 and other investigations to protect our country from unfair trading practices."

* Trump on Thursday said Iran has 10 to 15 days to agree to his demands, according to reports. He called on Tehran to make a deal, threatening "bad things" if it doesn't, the media reports said. "At the center of market anxiety sits the Strait of Hormuz, one of the world's most critical oil transit chokepoints," Saxo Bank said.