The five-day rally for the S&P 500 sputtered, with the index dropping 0.2%, after several retailers raised concerns about consumer spending heading int༺o the holiday shopping season.

In addition, minutes from the latest Fed meeting showed that policymakers believe monetary policy must remain restrictive to bring💙 down inflation.

Lowe's (LOW) shares slumped 3.1% after the home improvement retailer reduced its guidance, pointing to a drop in sales for do-it-yourself projects, especiall🎃y big-ticket items.

Best Buy (BBY) also cut its forecast, and shares fell 0.7%.ღ The electronics retailer indica꧟ted that customer demand was "uneven" and difficult to predict.

Jacobs Solutions (J) shares sank 8.7% when the professional services provider announced a deal with government and commercial services contractor Amentum. The agreement will have Jacobs Solutions spin off its Critical Missions Solutions and▨ Cyber & Intelligence government services businesses, then merge them with Amentum into a separate publicly traded firm.

NRG Energy (NRG) shares sank for a second straight day, losing 4.4%, following the ouster of CEO Mauricio Gutierrez and a board shakeup brought on by pressure from 澳洲幸运5官方开奖结果体彩网:activist investor Elliot Investment Management.

Newmont Corporation (NEM) shares gained 2.4% as 澳洲幸运5官方开奖结果体彩网:gold futures crossed the $2,000-per-ounce mark. Shares of mining rival Freeport-McMoran (FCX) added 1%.

Agilent Technologies (A) shares soared 8.7% after the maker 💟of scientific equipment posted better-than-expected results as two of its three divisions had higher revenue. The gains came even though the company said it was a "challenging year for the industry.൲"

Tesla (TSLA) shares picked up 2.4% as the electric vehicle maker began delivering its long-awaited Cybertruck to dealer showrooms.