Wall Street ends mixed session on June inflation data day

The New York Stock Exchange closed Tuesday's session in negative territory, with only the Nasdaq adding gains.

The main North American indexes closed the session with a majority of losses, on a day in which data showed that inflation in the United States in June accelerated moderately and in line with market expectations - a factor that could postpone possible interest rate cuts by the North American Federal Reserve (Fed).

A report showed that consumer prices in the United States (U.S.) rose 0.3% in June compared to May and 2.7% year-on-year, accelerating compared to the previous month. This data demonstrates the expected effect of President Donald Trump's tariffs on inflation.

Thus, the Dow Jones lost 0.98% to 44,022.89 points, the S&P 500 lost 0.41% to 6,243.08 points and the technological Nasdaq added 0.18% to 20,677.80 points.

Inflation data outpaced the underlying outlook, but the Nasdaq set a record close, boosted by Nvidia , which rose 4.04% after announcing it would "soon" resume sales of H20 AI chips to China. This, while keeping a close eye on any developments related to trade negotiations between the US and its partners, as well as corporate earnings.

Today was the day of the quarterly results launch, with the financial sector in the spotlight.

The S&P 500 started the session higher although it closed lower.