** Calendar flips to February, but the same themes ofslowing global growth, fluctuating oil prices and bets on theFed's next move repeat
** Week's trading activity largely dictated by corporatescorecards as investors reward in-line/beat reports, whileseverely punishing stocks of co's lowering forecasts
** The S&P 500 index craters 3 pct for the week with7 of 10 sectors in the red
** Consumer discretionary worst sector. Warningsfrom Ralph Lauren and Kohls weigh on retailers
** Tech a close second as Alphabet briefly dethrones Apple as market-cap king. However, the FANGs come back to bite and crashesby LinkedIn and Tableau Software send chillsthrough sector
** Energy slides as drillers scale back further.Heavyweight Exxon Mobil Corp joins the belt-tighteningparade
** Financials now worst sector YTD (down 12.3 pct)with banks still unable to catch a bid
** On positive side, materials enjoy a reliefrally. Metals and miners emerge from shadows on unwind ofpopular "long U.S. dollar/short commodities" trade
** And havens utilities and telecom liftagain. YTD, both sectors up more than 7 pct
** Meanwhile, in healthcare, two biotechs breathe life intoa dormant IPO market, braving a falling NasdaqBiotechnology index which is down a quarter YTD
** Sector performance for the S&P 500 : http://reut.rs/1k6B7QQ (RM: lance.tupper.tr.com@reuters.net; Messaging:terence.gabriel.tr.com@reuters.net)
