US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trump’s trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%, lifted by tech momentum. Meanwhile, June’s CPI inflation showed a sharper rise at 2.7% year-over-year, hinting at tariff-driven cost pressures. Big banks like JPMorgan and Citi reported better-than-expected earnings, while Wells Fargo lagged. Investors are also watching the Fed’s rate decision due soon, as Trump continues pushing for cuts. Read the full story to see how tech, tariffs, and inflation are shaping the market now.
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