US stocks traded flat as investors awaited Nvidia's earnings and assessed hotter-than-expected inflation data. July inflation rose 3.7%, lifting bets on a September Fed rate hike. The Dow slipped 0.04%, while the S&P 500 edged up 0.03% and Nasdaq fell 0.06%, keeping markets cautious.

Investors turned cautious ahead of Nvidia's earnings and a closely watched inflation report. Both are due later this week.

US stocks opened higher Tuesday as technology shares recovered from the previous sessions selloff. The Dow Jones, S&P 500 and Nasdaq Composite gained at the open ahead of Nvidias…

Nasdaq Futures Lower Before Nvidia Earnings