Market participants began the week with no clear direction, with the Dow down -0.03% and the S&P 500 down -0.02%. Homebuilders Confidence hit multi-year lows at 32, lower than the projected 34. Interest rate cuts not expected until September 17th. This week, housing data is expected to be released, with Starts and Permits anticipated to be slightly lower. After the close, Palo Alto Networks beat estimates with earnings of 95 cents per share and revenues of $2.54 billion, causing shares to jump +7%. Fabrinet also posted positive surprises with earnings of $2.65 and revenues of $909.7 million, but shares fell -1.5%.

Read more at Zacks Investment Research: Flat Stock Markets to Start a New Trading Week – August 18, 2025