June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.

A busy week ahead for investors will see inflation data, the debate about the Fed's next move, and the start of second quarter earnings season all come into focus after a flurry of trade activity last week.

Bank earnings, inflation, and new crypto regulation are some of the things on the investors' radar this week.

Nvidia is ripping higher premarket after the U.S. approved export licenses for its H20 chips to China. That’s easing fears of a full-scale chip war and triggering a broad rally in semis. Traders are leaning back into AI names with Nvidia, AMD, and Broadcom leading the charge.

Canada's main stock index pulled back on Tuesday from a record high, with heavily weighted financials among the sectors that declined as investors assessed U.S. bank earnings and after domestic inflation data reduced prospects of Bank of Canada interest rate cuts.

Wall Street opened higher on Wednesday, buoyed by strong earnings from leading banks and a softer-than-expected inflation print. The Dow rose over 130 points as investors drew relief from a flat producer price index reading for June,