On Wednesday, July 10, U.S. stock markets closed higher, fueled by gains in Nvidia and other major stocks ahead of upcoming inflation data and earnings reports. The Nasdaq and the S&P 500 set consecutive record highs, with the S&P surpassing 5,600 for the first time, driven by Fed Chair Powell’s remarks on a potential September rate cut. In economic data, U.S. wholesale inventories rose by 0.6% in May, up from a 0.2% increase the previous month. All 11 S&P 500 sector indexes rose, with information technology leading the gains, followed by materials. The Dow Jones Industrial Average was down 1.09% and closed at 39,721.36. The S&P 500 gained 1.02%, ending the day at 5,633.91, and the Nasdaq Composite rose 1.18%, finishing the session ...