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

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.

Stocks closed mostly lower Tuesday as inventors digested important inflation data in the U.S., as well as big bank earnings from JPMorgan.

Palantir's expansion into commercial markets has boosted its business. The stock has been on a tear since the start of 2024. Palantir's valuation is sky-high.

Nvidia owns a 7% stake in CoreWeave, and made it possible for the young company to be the first to launch its latest GPUs. In February, CoreWeave became the first hyperscaler to make Nvidia's new Blackwell architecture broadly available -- and it just did the same recently with the latest iteration, Blackwell Ultra.

Wall Street braced for another inflation checkup after Tuesday's consumer price reading spurred traders to pare bets on Fed rate cuts in the coming months.

The Dow Jones index and other indexes reversed lower after bank earnings and tame wholesale inflation data. ASML stock plunged on this warning.

One stock that managed to outmaneuver the various headwinds torturing the markets throughout the year, however, is data mining specialist Palantir Technologies (NASDAQ: PLTR). With shares soaring by 80% during the first six months of 2025, Palantir was the top-performing stock across both the S&P 500 and Nasdaq-100.