Dow Jones Rises Ahead of US Inflation Data

The Dow Jones index is trading higher in Tuesday's pre-market session. Investors are awaiting the release of consumer inflation data, the CPI, which is expected to shape future decisions regarding US benchmark interest rates.

Nvidia shares are attempting a recovery with a 1.70% gain after the sharp decline recorded in the previous session. The move follows CEO Jensen Huang's admission of a personal relationship that raised concerns about the company's data security. The firm stated there is no evidence of compromised confidential information or national security risks.

Oil futures are trading lower this morning. The decline reflects reduced geopolitical tensions following statements from President Donald Trump regarding the conflict with Iran. This scenario of lower instability in the Middle East is pushing commodity prices down.

The dollar is strengthening against a basket of global currencies. The market is trying to determine if the recent energy shock has broadly impacted consumer price pressures. Volatility remains high as financial agents await official figures from the US economy.