Wall Street refrained from making big bets ahead of a key inflation report, with stocks falling, losing steam. The dollar rose against most major currencies.

With earnings season almost over, investors are turning to economic data for clues on whether the Federal Reserve will be able to cut rates in September. S&P 500 fell 0.25%. Apple Inc. led losses in tech stocks after posting its best week since 2020. Intel Corp. promoted CEO Lip-Bu Tan was expected to meet with U.S. Pres. Donald Trump.