Ulta Beauty’s latest quarterly results caused its shares to drop, while the S&P 500 fell 0.6% after an uptick in “core” inflation. Dell Technologies beat estimates but lowered its outlook, and Autodesk shares surged due to AI-driven demand. Major U.S. equities indexes retreated ahead of the Labor Day weekend. Shares of Dell Technologies plummeted 8.9% despite strong AI demand. Ulta Beauty shares dropped 7.1% after exceeding sales and profit expectations. Shares of Cooper Cos. rose 4.4%, and J.M. Smucker stock recovered 3.6% after posting a loss due to tariffs.

Read more at Yahoo Finance: Dell, Ulta Shares Drop; Autodesk Stock Soars