U.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. Nasdaq outperformed on chip gains, while JPMorgan and Goldman Sachs advanced on robust results. IBM fell on weak revenue guidance, and markets scaled back expectations of a near-term Federal Reserve rate hike.

US stocks rise as June CPI eases inflation concerns. Fed rate hike by September 2026 at 44% YES.

S&P 500 and Nasdaq rise after June CPI data comes in soft, while the Dow opens lower. Here's what the split market open means for stocks and crypto.