Stock Market Wrap 📰 1. The S&P 500 dropped 0.1% and the Nasdaq fell 0.4%, mostly because of a decline in tech stocks—especially chipmakers—after talk of tighter U.S. rules on exports to China. 2. Trump said he’ll decide on action against Iran in about two weeks. This eased market fears for now, but tensions in the Middle East still worry investors. 3. A U.S. Fed official said inflation is low enough that the Fed might cut interest rates in July, which would make borrowing cheaper. 4. Circle Internet’s stock jumped 11% after new crypto rules passed. Kroger’s stock rose 9% after strong earnings, and Tesla gained ahead of its robotaxi news.