Indexes were mixed in the first hour of trading after Tuesday's inflation report held few surprises. Earnings reports moved some banks on the stock market today. Meanwhile, Treasury Secretary Scott Bessent commented on the process for finding Federal Reserve Chairman Jerome Powell's replacement.

Futures on Wall Street reversed early losses and are trading with gains, particularly those on the Nasdaq. Futures on the Dow Jones and the S&P 500 are currently above the flat line, having recovered losses of close to 70 points in early trading.

Tech led US stocks higher 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.

The Dow Jones Industrial Average falls 1 per cent to 44,023.29. Read more at straitstimes.com. Read more at straitstimes.com.

US stock markets displayed a mixed performance on Tuesday, with technology stocks, particularly Nvidia, rallying. This offset concerns arising from hi

US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,

Nvidia ( NVDA 4.08%) became the first company to reach $4 trillion in market cap on Wednesday -- an incredible feat considering the company was worth a fraction of tech giants Apple and Microsoft just a few years ago.

The Dow Jones fell on Tuesday, but still remains within recent consolidation. Equities backslid after US CPI inflation came in hotter in June, stoking Fed rate concerns. Large bank earnings also came in mixed or lower,