Wall Street digested a surprisingly cool wholesale inflation reading and more big bank earnings, with one eye on Trump's latest tariff moves.

NASDAQ rebounded from session lows and moved higher after Trump denied he planned to fire Powell. ASML, which was down by 8%, was the worst performer in the NASDAQ index today. The stock suffered a sell-off as the company cut 2026 growth outlook due to tariffs.

The Dow Jones Industrial Average is set to achieve a golden cross today, a potentially bullish sign for the index. Golden crosses happen when the short-term moving average of a stock or index passes its long-term moving average,

Stocks rose on Wednesday, as investors weighed earnings releases from big banks and digested the latest wholesale inflation report.

Nvidia chipmaker Taiwan Semiconductor and Netflix report Thursday after stocks ultimately shrugged off a Trump-Powell report.

The Dow Jones Industrial Average is up Wednesday afternoon with shares of Johnson & Johnson and Amgen seeing positive momentum for the index. Shares of Johnson & Johnson and Amgen have contributed to the index's intraday rally,

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.

Dow futures mixed as Wall Street eyes bank earnings, inflation data, and tariff risks in a cautious trading session.

Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Dow will shut down three upstream plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said on Monday, sending its shares down 2.5% in morning trade.

Key Points Nvidia and Microsoft are leading the tech sector to new heights for all the right reasons.Honeywell is an industrial leader that could benefit from AI integration.American Express cardholders continue to spend despite overall consumer pressures.