Trading Revenues Drive Bank Earnings; Wholesale Prices Muted
1. Nvidia stock reached an all-time high, gaining 4%. 2. Tariff relief boosts Nvidia's sales to China, driving tech sector gains. 3. CPI and PPI data suggest tariffs may trigger rising inflation. 4. Big banks report strong earnings amid market volatility. 5. Macroeconomic outlook remains uncertain with rising inflation risks.