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#Post#: 58922--------------------------------------------------
Dow falls 300 points on earnings, inflation concerns; Nvidia boo
sts Nasdaq: Live updates
By: Sherlock reincarnated Date: July 15, 2025, 12:04 pm
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The Dow Jones Industrial Average fell Tuesday as worries over
U.S. inflation and a mixed bag of big bank earnings dragged the
blue-chip index lower. The Nasdaq Composite, meanwhile, got a
boost from gains in Nvidia.
The 30-stock Dow lost 313 points, or 0.5%. The The Nasdaq jumped
0.5%, lifted by a more than 4% rise in Nvidia shares after the
chip company said it hopes to “soon” resume deliveries of its
H20 GPU sales to China. The S&P 500
dipped 0.1%, easing from a fresh record high it reached earlier
in the session.
June inflation data released Tuesday represented an increase
from May inflation levels, despite the headline numbers matching
expectations.
The consumer price index increased 0.3% on the month, putting
the annual inflation rate at 2.7%, matching a consensus poll
from Dow Jones. So-called core CPI, which excludes food and
energy prices, grew 0.2% month over month, slightly less than
expected. Year over year, it expanded by 2.9%, matching
estimates.
“While it’s a relief to see Tuesday’s CPI in-line with
expectations, it still showed that inflation was hotter in June
than it was in May,” said Skyler Weinand, chief investment
officer of Regan Capital. “The big question for the inflation
picture is tariffs. It’s taking some time for tariffs to show up
in the data, but it’s highly likely that a tariff-driven
inflation reckoning is coming.”
Several financial heavyweights released earnings Tuesday morning
that failed to impress investors.
HTML https://www.cnbc.com/2025/07/15/stock-market-today-live-updates.html
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