U.S. stock markets experienced fluctuations as major indexes ended lower ahead of significant earnings reports from big tech companies. Futures for the S&P 500 slipped following Microsoft’s earnings report, while the Nasdaq pulled back from its record high amid declines in chipmakers and Eli Lilly. Economic indicators revealed a mixed bag, with weak earnings from AMD contributing to the downturn in chip stocks. Gold reached a record high, reflecting uncertainty in the markets. Analysts note that mixed earnings and rising Treasury yields may influence investor sentiment moving forward.