US Stocks pulled back on Tuesday as weakness in major technology names weighed on Wall Street, with the S&P 500 down 0.6% and the Nasdaq sliding more than 1% amid sharp losses in chipmakers. The Dow Jones retreated by 0.2% after briefly touching a record high earlier in the session. Nvidia fell 2.7%, AMD dropped 4.9%, and Broadcom lost 3.7%, while Palantir sank 9% to become the S&P 500’s worst performer. In contrast, Home Depot rose more than 3% despite missing earnings estimates, as investors welcomed signs of stabilizing demand in the housing market. Intel jumped 8.7% after SoftBank announced a $2 billion investment in the chipmaker, boosting confidence in its turnaround efforts. Attention is now shifting to the Federal Reserve’s annual Jackson Hole symposium, where Chair Jerome Powell’s speech on Friday is expected to offer guidance on the September policy meeting and the likelihood of rate cuts.