Announcements from a handful of major tech companies on Tuesday spurred enthusiasm around AI stocks, lifting the broader market higher in premarket trading. Here's a quick rundown:

— Pia Singh

Wells Fargo shares were down 0.8% in the premarket after the company lowered its 2025 net income guidance to roughly in line with 2024 levels. The bank previously expected an increase of 1% to 3%.

The forecast reduction overshadowed better-than-expected second-quarter results.

WFC falls

JPM 5-day chart

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference on May 21, 2025.

Chesnot | Getty Images Entertainment | Getty Images

Shares of Nvidia jumped 4.5% in premarket trade on Tuesday, after the company said it was hopeful it could soon resume sales of its H20 chips to China.

"The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," the company said in a statement on Tuesday.

Read more here.

— Chloe Taylor

Asia-Pacific ended the day higher Tuesday.

Hong Kong's Hang Seng Index added 1.6% to close at 24,590.12, while mainland China'sCSI 300 index was flat at 4,019.06.

Japan's Nikkei 225 benchmark added 0.55% to close at 39,678.02, while the broader Topix index was flat at 2,825.31.

Meanwhile, South Korea's Kospi index increased by 0.41% to close at 3,215.28, while the small-cap Kosdaq advanced 1.69% to 812.88.

Australia's S&P/ASX 200 benchmark ended the day 0.7% higher at 8,630.30.

Over in India, the 50-stock benchmark Nifty 50 was up 0.43%, while the Sensex index moved up 0.31% as of 1.55 p.m. Indian Standard time (4.25 a.m. ET).

— Amala Balakrishner

We're just over half an hour into Tuesday's trading session, and European shares are broadly moving higher.

The pan-European Stoxx 600 was last seen trading around 0.2% higher, with most sectors trading in positive territory.

Regional shares are coming off of a mostly losing session on Monday, as investors reacted to U.S. President Donald Trump's threat to to slap 30% tariffs on goods from the European Union next month.

— Chloe Taylor

June's consumer price index could be the first to show the tariff impact. Here are what economists polled by Dow Jones are expecting:

The inflation reading is due out Tuesday at 8:30 a.m. ET.

— Sarah Min

Companies have a low bar to clear this earnings season.

The S&P 500 is projected to post a blended earnings growth rate of 4.3% in the second quarter, on a year-over-year basis, according to FactSet data. That would be the lowest for the index going back to the fourth quarter of 2023, when it was just 4.0%.

— Sarah Min

Advertising tech company The Trade Desk will become part of the S&P 500, effective before trading opens on Friday, July 18, according to S&P Dow Jones Indices.

Joining the broad market index tends to lift a company's share price: The Trade Desk jumped 14% in extended trading following the announcement.

The Trade Desk over the past day

Just last week, Wall Street firm Stephens predicted that The Trade Desk could be a potential contender to join the S&P 500's communications services sector, which is an underweight grouping in the index.

The Trade Desk will replace software company Ansys, which is on track to be acquired by Synopsys on or about Thursday.

—Darla Mercado, Jordan Novet