Stock futures are higher Tuesday morning as investors await highly anticipated inflation numbers that are expected to show how tariffs are working their way through the economy.

U.S. stocks appear set for a cautious opening on Tuesday amid President Donald Trump’s ongoing tariff war, but a surge in Nvidia Corp.’s (NVDA) shares lifted Nasdaq futures in the pre-market session.

U.S. equity futures edged slightly higher early Tuesday as markets geared up for a high-stakes session featuring earnings reports from top Wall Street banks and the latest consumer inflation data. Investors are also digesting upbeat growth figures from China and a key update from Nvidia regarding its AI chip sales in the Chinese market.

Circle, CoreWeave, Palantir, Roblox and Shopify were big winners Monday. The CPI inflation report is due out Tuesday.

Dow Futures dip as traders await CPI data, bank earnings, and weigh fresh tariff threats from President Trump.

US stock market futures today are showing a mixed tone as investors react to a fresh mix of tech optimism and global trade concerns. The Nasdaq-100 futures are up nearly 0.6%, boosted by a sharp 5% jump in Nvidia shares after reports confirmed it can resume H20 AI chip shipments to China.

Stock index futures fell on Monday after President Donald Trump imposed a 30% tariff on imports from the European Union and Mexico, while traders braced for a busy week of bank earnings and economic data.