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Dow drops 400 points on earnings, inflation woes; Nvidia lifts Nasdaq to record close: Live updates CNBCStock market today: Dow slides after CPI inflation accelerates, Nvidia's surge lifts Nasdaq to record Yahoo FinanceS&P 500 stumbles after hitting intraday high — the downside of a narrow rally MarketWatchNvidia and AMD Stocks Soar as Trump Administration Lifts A.I. Chip Sale Restrictions The New York Times
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Trump tariffs push up inflation despite pressure on Fed to cut rates PoliticoHere's how Trump's tariffs could be impacting prices for US consumers CNNRising Inflation Underscores Risks in Trump's New Tariff Threats The New York TimesInflation picks up again in June, rising at 2.7% annual rate CNBC
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The Consumer Price Index rose 2.7 percent from a year ago, as the global trade war started to bite.
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Inflation in June showed scattered signs of rising costs tied to the Trump tariffs, but Americans simply aren't paying sharply higher prices because of U.S. trade wars. Here are four things we learned from the latest consumer-price index report.
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New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.
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