As investors navigate the latest inflation data and bank earnings, stock futures have predominantly slipped, causing the Dow Jones to decline significantly. However, the Nasdaq has soared to new record highs, largely driven by strong performances from tech giants Nvidia and AMD, who have benefitted from the easing of restrictions on AI chip sales. Despite these gains, broader market concerns persist, as inflation continues to rise and weighs heavily on the performance of other major indexes. The mixed results from bank earnings have further complicated the outlook, leading to cautious trading ahead of key economic reports.