"Market Watch: Traders Assess Earnings, Macy's Closures, and Chip Rally Continues"

Stocks were flat as traders assessed earnings and awaited key economic data, with the S&P 500 inching down 0.06% and the Dow Jones slipping 0.3%. Macy's announced store closures after a revenue miss, while Lowe's offered weak guidance. Zoom Video and Hims & Hers Health surged following strong earnings reports. Data showed a decline in durable goods orders, and the S&P CoreLogic Case-Shiller index revealed a slightly higher than expected increase in home prices. Investors are closely watching for the personal consumption expenditures price index data later this week, which could influence market activity.