Stocks Retreat Amid Caution, China's Solar Sector Sees Hope

Markets pause as traders await bond sale and China's solar firms anticipate easing of power curbs.

Stocks pulled back from record highs, with the S&P 500 and Nasdaq seeing declines amid a cautious market environment.
A $22 billion sale of long-term Treasuries is awaited, following a lackluster auction that has investors on edge.
China's solar manufacturers experience a rebound in shares, fueled by speculation that the government will relax power installation limits.
The easing of power curbs could significantly boost solar panel installations, with JP Morgan Chase & Co. raising their forecast by 21% to 225 gigawatts.
Major investments in energy storage and transmission are needed to address grid congestion and support the solar industry's growth.