Futures on the Dow Jones Industrial Average climbed while other major indexes dipped Wednesday, as Wall Street awaited more key inflation data. Meanwhile, chip stock ASMLASML plunged on the stock market today after the company warned it couldn't guarantee growth in 2026 due to tariff uncertainty.

Futures tracking the S&P 500 and the Nasdaq fell on Wednesday as signs that U.S. tariff policies were clouding corporate outlooks and spurring inflation weighed on record-high markets.

The first of these reports showed U.S. consumer prices posted their biggest jump in five months in June, hinting that tariffs may be starting to heat up inflation.

Stock futures were falling early Wednesday as inflation fears kept markets under pressure despite cooler-than-expected consumer price index data and strong bank earnings. There will be more of both this morning as Goldman Sachs,

Asian shares climbed and the dollar held gains on Tuesday as trade talks remained in the spotlight in a week that will see key readings on U.S. inflation and bank earnings.

Trump on Saturday said he would impose a 30% tariff on most imports from the EU and Mexico from August 1, even as they are locked in long negotiations.