Wall Street turns higher after soft inflation data; Nasdaq up 1 percent in Tuesday midday trade

Major US stock indexes turned higher in Tuesday, July 14, 2026 midday trade (around 11:30 a.m. Eastern) after a mixed open. The Nasdaq rose about 1 percent on strength in technology shares and the S&P 500 gained about 0.4 percent, while the Dow Jones Industrial Average held near, and just below, its opening level.

The main driver was the softer-than-expected June inflation report, which eased worries about a rate hike. Investors were also tracking second-quarter results from big banks and the escalating Strait of Hormuz tensions.