Citigroup (C) boosted its full-year net interest income guidance and now sees 2025 revenue at the high end of its previous guidance. The bank posted beats on both Q2 EPS and revenue. Its services business continued to shine, and banking revenue jumped 23% Y/Y.

The June CPI report shows that inflation is accelerating, but at a pace that's in line with economists' expectations. The latest Consumer Price Index (CPI) report indicated a slight impact on inflation from President Donald Trump's tariff policies, although the acceleration was in line with what economists expected.

Prices of clothing and shoes are expected to be particularly impacted by the tariffs, Yale University’s Budget Lab found.

Stocks closed down significantly on Monday after President Donald Trump announced steep tariffs on Japan, South Korea and other nations, set to take effect on Aug. 1.

S&P 500 futures were higher Tuesday, boosted by gains in Nvidia, as traders pored through the latest U.S. inflation data. Futures tied to the S&P 500 rose 0.3%, while Nasdaq 100 futures added 0.6%. Dow Jones Industrial Average futures shed 83 points, or 0.2%.

Dow Jones Index Futures anticipate a negative opening on Friday after Thursday’s positive session. Investors' concerns that the higher tariffs announced by US President Trump will boost inflation and weigh on growth are hurting market sentiment.

Real-time index price for PHLX Gold/Silver Index (XAU), along with buy or sell indicators, analysis, charts, historical performance, news and more

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Uncertainty surrounding U.S. trade tariff policies are keeping investors cautious, whilst Tesla (NASDAQ: TSLA)

Investors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies.