Wall Street closed the week mixed, with the S&P 500 edging up 0.08%, the NASDAQ slipping 0.45%, and the Dow Jones rising 0.34%.
Financials underperformed, with the Financial Select Sector SPDR Fund (XLF) falling 0.63% to 52.45.

Macro Drivers

Markets saw initial optimism from the end of the U.S. government shutdown.
Positive trade signals also supported sentiment.
Gains were limited by hawkish Federal Reserve commentary, which pressured growth and risk assets.

Crypto Sector Hit Hard

Bitcoin (BTC-USD) posted a ~10% weekly decline, pushing it deeper into bear-market territory.
This dragged down cryptocurrency-linked equities, making them the week’s biggest losers.

Top Crypto-Related Decliners

Cipher Mining (CIFR): -30.59% to $14.36
CleanSpark (CLSK): -29.61% to $10.96
IREN (IREN): -25.67% to $46.37
MARA Holdings (MARA): -24.45% to $11.99
TeraWulf (WULF): -21.16% to $10.99
Circle Internet Group (CRCL): -20.60% to $81.89
- Facing pressure ahead of a major lockup expiration

Weekly Gainers Among Large-Caps

Berkshire Hathaway Shines

Warren Buffett’s conglomerate delivered notable gains:

BRK.A: +2.08% to $763,866.71
BRK.B: +1.98% to $508.94

The move came as Buffett issued what many interpreted as a farewell-style letter, and the company disclosed its Q3 portfolio changes.

Insurance & Banking Leaders

Property & casualty insurers:

Old Republic (ORI): +7.49%
Allstate (ALL): +5.94%

Japanese banking giants:

Sumitomo Mitsui (SMFG): +7.24%
Mizuho (MFG): +6.33%
- Mizuho’s strong first-half earnings boosted both banks.

Mid-Cap Standout

eToro (ETOR) Tops Mid-Cap Gainers

ETOR surged 16.11% to $40.50
Delivered better-than-expected Q3 earnings
Announced a $150M share buyback program