US Stocks Trade Higher

2026-07-14 14:57 By Andre Joaquim 1 min. read

US stocks moved higher on Tuesday after softer inflation data shut the door on a Fed rate hike this month.

The S&P 500 and Nasdaq 100 rose up to 0.5%, while the Dow swung to hover above the flatline.

Both headline and core inflation rates declined, easing the impact of another rally in energy prices after the US and Iran maintained strikes against each other.

Chip producers rebounded from yesterday's selloff with Micron and Sandisk adding 4% each, tracking major memory producers, while Nvidia rose 1%.

On top of that, financial companies rebounded from early losses.

JPMorgan jumped 3% after posting its strongest profit level ever, while Bank of America, and Citi gained over 2% after releasing their results.

Among capital markets, Goldman Sachs surged over 7% after beating earnings estimates.

On the other hand, IBM tanked 25% after missing expectations and warning of low spending from clients, which have opted for spending on chips and memory this quarter instead.



News Stream
US Stocks Trade Higher
US stocks moved higher on Tuesday after softer inflation data shut the door on a Fed rate hike this month. The S&P 500 and Nasdaq 100 rose up to 0.5%, while the Dow swung to hover above the flatline. Both headline and core inflation rates declined, easing the impact of another rally in energy prices after the US and Iran maintained strikes against each other. Chip producers rebounded from yesterday's selloff with Micron and Sandisk adding 4% each, tracking major memory producers, while Nvidia rose 1%. On top of that, financial companies rebounded from early losses. JPMorgan jumped 3% after posting its strongest profit level ever, while Bank of America, and Citi gained over 2% after releasing their results. Among capital markets, Goldman Sachs surged over 7% after beating earnings estimates. On the other hand, IBM tanked 25% after missing expectations and warning of low spending from clients, which have opted for spending on chips and memory this quarter instead.
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The Dow Jones Index Opens 0.08% Higher
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US Stocks Inch Higher After Soft CPI
US equity indices were mostly higher on Tuesday after softer inflation data shut the door on a Federal Reserve rate hike this month. The S&P 500 inched higher and the Nasdaq 100 rose 0.7%, while the Dow erased a sharp deficit to hover only slightly under the flatline. Both headline and core inflation rates declined, easing the impact of another rally in energy prices after the US and Iran maintained strikes against each other. Chip producers rebounded from yesterday's selloff with Micron and Sandisk adding 5% each, tracking major memory producers, while Nvidia rose 1%. On the other hand, the country's largest banks were lower. JPMorgan fell 2.5% despite posting its strongest profit level ever, and Bank of America dropped 1% despite beating earnings. Likewise, Wells Fargo sank 2% even though its earnings report was also seen as a beat. In turn, Goldman Sachs surged 4% on strong results for the period.
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