Sharpen your perspective on the future of technology and business in 2026.

Take a look inside the new edition of ThoughtWorks Looking Glass and discover how business leaders can prepare their organizations for the future and make informed decisions that have a lasting impact.

Find out more at ThoughtWorks.com slash looking glass.

Hey listeners, it's Saturday, February 21st.

I'm Jack Pitcher for the Wall Street Journal, and this is What's News and Markets.

Our look at the biggest stock moves of the week and the news that drove them.

Let's get to it.

Stocks were relatively muted for the shorter holiday week,

but there was no shortage of action under the surface,

thanks to a big slate of corporate earnings.

Investors seem to be regaining some confidence in tech and growth stocks,

both of which have sold off for much of the year,

over fears that rapid advancements and AI are going to render some software companies obsolete.

But this week, communication services and information technology were the S&P 500's best performing sectors.

Meanwhile, consumer staples companies, which are often seen as a safe haven, dropped sharply.

That signals a rotation away from the fear trade and back into other parts of the market.

Then of course yesterday, the Supreme Court struck down President Trump's sweeping global

tariffs.

Last April, when they were first announced, the tariffs roiled markets.

But a series of deals and carve-outs

in the months since helped calm investors' fears. Stocks turned higher after the Supreme Court's

decision, but analysts noted the ruling had been largely expected, and Trump said he'd keep the

...