U.S. equity markets closed muted today, with technology shares pulling back slightly from the record highs set last week. A cautious tone has settled in ahead of crucial inflation data arriving this Wednesday. Compounding this, renewed anxiety regarding Middle East geopolitical tensions in the Strait of Hormuz, along with a 5% surge in oil futures, added macroeconomic headwinds to the mix. Upcoming Economic Updates: Over the weekend, the Weekly Compass highlighted underlying caution in several technology names, including select “Magnificent Seven” stocks and semiconductors. For instance, in the Setups Blueprint, $Advanced Micro Devices(AMD)$ appeared as bearish and fell -2.9% today. Conversely, $SpaceX(SPCX)$<