Stock Market Today: Dow Rises Ahead Of Inflation Data
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Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports and a surprise jump in retail sales. Investors are cautiously optimistic despite political tension as President Trump continues pressuring Fed Chair Jerome Powell over interest rate cuts.
June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.
Dow Futures flat amid latest Trump vs Powell fiasco: 5 things to know before Wall Street opens today
Dow Futures digest earnings, inflation data, and Fed tensions as tech stocks and economic signals take center stage.
Stock futures were mostly lower Wednesday as inflation fears kept markets under pressure despite cooler-than-expected consumer price index data and strong bank earnings. There’s more of both for investors to digest this morning with Goldman Sachs,
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
Stock futures are little changed Wednesday ahead of the release of wholesale inflation data as earnings reports from banks and other major companies stream in.