Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures.Another big inflation report is due before the open, along with earnings from chip-gear giant ASMLASML as well as Goldman SachsGS.

Dow falls 300 points, S&P 500 flat and Nasdaq climbs after June CPI report; JPMorgan tops estimates Investors are digesting important inflation data in the U.S

The Dow Jones Industrial Average falls 1 per cent to 44,023.29. Read more at straitstimes.com. Read more at straitstimes.com.

JPMorgan stock declined 0.5% in morning trading, while BlackRock tumbled 2%. Citigroup shares moved up 1%, as Wells Fargo stock sold off more than 3% in premarket action.

The Nasdaq Composite was rising 0.5% in the final hour of trading on Tuesday, at around 20,743. The tech-heavy index is on pace for a record closing high, helped by a strong rally in semiconductor stocks.

If NASDAQ climbs above the 23,000 level, it will head towards the 23,500 level. On the support side, a move below 22,850 will push NASDAQ towards the 50 MA at 22,781.

Nvidia ( NVDA 4.08%) became the first company to reach $4 trillion in market cap on Wednesday -- an incredible feat considering the company was worth a fraction of tech giants Apple and Microsoft just a few years ago.

U.S. stocks finished mostly lower on Tuesday after consumer prices in June posted the biggest increase seen since earlier this year, potentially preventing the Federal Reserve from cutting interest rates later this month.

NEW YORK] Wall Street stocks finished mostly lower on Tuesday despite another Nasdaq record as President Donald Trump announced a US trade deal with Indonesia ahead of a deadline still facing numerous other countries.