#IsraelIranConflict *10 of the 11 major sectors in the S&P 500 declined, with healthcare (.SPXHC) leading the losses, falling nearly 1%. On the other hand, energy stocks (.SPNY) rose by 1.2%.*

*Data released on Tuesday showed that U.S. retail sales in May declined more than expected, while factory output showed little growth in the previous month.*

*Senate Republicans unveiled a revised version of President Donald Trump's comprehensive tax cut bill late Monday, which had already been approved by the House of Representatives in May.*

*The Senate's modifications to Trump's tax plan include a gradual phase-out of tax credits for solar, wind, and other energy sources by 2028. Following the announcement, solar-related stocks fell sharply.*

*Shares of Enphase Energy (ENPH.O) plunged 23.7%, Sunrun (RUN.O) dropped 41%, and the Invesco Solar ETF (TAN.P) declined by 8.9%.*

*Amid heightened geopolitical uncertainty, investors flocked to traditional safe-haven assets, pushing U.S. Treasury prices higher and causing yields to decline across the board. The benchmark 10-year Treasury yield fell by approximately 3 basis points to 4.42%.*

*Among large-cap stocks, Tesla (TSLA.O) declined by 2.8%.*

*T-Mobile (TMUS.O) dropped 3.9% after Japan's SoftBank (9984.T) sold 21.5 million shares of the wireless carrier at $224 per share, raising $4.8 billion, according to a term sheet seen by Reuters.*

*On the New York Stock Exchange, declining stocks outnumbered advancing ones by a ratio of 1.43 to 1, while on the Nasdaq, decliners outpaced advancers by a ratio of 1.5 to 1.*