Overview

• The S&P 500 fell 0.6% and the Nasdaq 1.5%, while the Dow inched up less than 0.1%, extending a pullback from last week’s highs.
• Home Depot reported a slight profit miss but returned to sales growth and reaffirmed its full-year outlook, helping support the Dow.
• SoftBank’s $2 billion stake in Intel sent the chipmaker higher even as other semiconductor and mega-cap tech shares slid.
• Interest-rate futures point to two quarter-point cuts this year starting in September, with traders eyeing Wednesday’s Fed minutes for signals.
• Earnings from Lowe’s, Target and Walmart are next, offering a fresh read on consumer health as tariffs pressure confidence.