Wall Street Pulls Back After Relentless Rally

U.S. stock indexes slipped as markets paused following a streak of gains. Tech giants lost ground, with Nvidia, Amazon, and Microsoft among those falling, as investor concerns over stretched valuations resurfaced. Boeing offered some support with a large aircraft order, while gold surged amid talk of inflation and rate-cut uncertainty. Treasury yields eased slightly. Fed Chair Jerome Powell noted broad overvaluation, signaling caution moving forward.