"Stocks Slide as Treasury Yields Rise and Inflation Data Looms"

The S&P 500 and Dow slipped as Treasury yields rose, impacting megacap stocks like Apple and Tesla, while chip stocks like Intel and Micron Technology also saw losses. Energy stocks were hit the hardest, while healthcare led gains. Investors are awaiting key inflation reports later in the week for clues on the Federal Reserve's monetary policy trajectory, with expectations for interest-rate cuts being scaled back. Quarterly earnings from major banks and remarks from Fed officials will also provide insights into the market's direction.