Last week might go down in history as the week the bromance died.

Days after a lovely farewell, Elon went tweeting and Trump went truthing — and by the end of the week, TeslaTSLA

stock was down 15%, marking its worst week in years. Dealing even more damage to its future, the organization announced that the chief of its humanoid robot venture would depart.

But that was the odd one out (if you can ignore LululemonLULU

, DocuSignDOCU

, and the other decliners). In fact, there was plenty of great news on US markets. The S&P 500 rose 1.7%, narrowly closing above 6,000. It was the first time since Feb. 21 and coincided with another big day for the index.

Rebalance blues: Earnings might be in short supply for the next few weeks. But you know what won’t be? Rebalances. Well, or so we thought. On Friday, we wrote about the S&P 500’s quarterly rebalance, explaining its significance (both to investors and companies). But when it all came to pass, the Selection Committee declined to make any changes. Anti-climactic, to say the least. Nonetheless, it clears the way for June’s main event — the annual Russell Reconstitution.

• Today, Russell FTSE is set to finalize the companies that have made the cut to be included in its various indexes this year, including the growth-flavored Russell 2000 index.
• Historically, the first day of the Russell Reconstitution is among the biggest trading days of the year, as funds following the firm’s various indexes make massive changes.

For most long-term investors, the Ru-arrangement in the Russell isn’t something to fret about. And further, it’s weeks away, taking place at the end of June. That’ll give us an opportunity to jump into the finer points and ID companies to watch. But in the meantime, we still have earnings to keep your eyes on:

• Per Nasdaq, there are 127 earnings reports this week — the largest will be from cloud monolith OracleORCL
  , creative software giant AdobeADBE
  , and healthcare firm HaleonHLN
  .
• Retailer CaseysCASY
  , the always-chaotic GameStopGME
  , and dog-focused e-commerce firm ChewyCHWY
  are also on the docket this week.

And on a lighter note… Specialty retailer RHRH

, which had one of the funniest reactions ever as the market digested the impact of tariffs on the retailer, is also reporting on Thursday — we hope they get the memo about the market’s response ahead of time.