The S&P 500 index closed roughly flat in early trading, with real estate and financial sectors up 1%, technology up 0.4%, and materials, energy, and consumer staples sectors down as much as 1.6%.

The Nasdaq 100 index preliminarily closed down 0.2%. Among its components, Intuit fell 5.5% after its earnings report, Cadence Design Systems dropped 5.3%, Mondelez International, Fortinet, O'Reilly Automotive, Kraft Heinz, Walmart, and Applovin fell as much as 4.5%. Broadcom rose 2.3%, Apple gained 2.9%, nuclear power stock Constellation Energy (CEG) rose 4.6%, Coca-Cola Europacific Partners (CCEP) rose 4.9%, and Alnylam Pharmaceuticals (ALNY) rose 5.6%. Nike preliminarily closed up 2.3%, American Express rose 1.6%, Visa gained 1.6%, JPMorgan rose 1.3%, and Goldman Sachs gained 1.2%, leading the Dow Jones components along with Apple. Microsoft, IBM, Home Depot, 3M, Salesforce, and Walmart fell as much as 3.9%.