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Markets are wavering ahead of inflation data.

Major stock indexes opened lower, then recouped some of those declines. Treasury yields rose in early trading but have also reversed.

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Stocks are coming off a two-week rally during which the S&P 500 gained 7.2%, rising in nine of 10 sessions.

Fisker (FSR): The electric vehicle company cut its production target and reported a bigger loss and smaller revenue than analysts had expected. Shares plunged in Tuesday trading.

Tesla (TSLA): The EV heavyweight looked set to build on Monday’s rise of more than 4%, with Tesla stock trading up more than 4% in afternoon action.

Nvidia (NVDA): The chip giant is on track to rise for a tenth straight session. The shares have traded at levels that would mean a new closing high.

Boeing (BA): China is considering an end to its freeze on purchases of Boeing’s 737 jetliners to coincide with this week’s Biden-Xi meeting, Bloomberg News reported. Several airlines also unveiled big deals to buy Boeing airplanes at the Dubai Airshow. Boeing stock rose more than 4% in midday trading.

Plug Power (PLUG): The hydrogen fuel-cell maker was roughly flat after falling earlier this morning. Shares had slumped Friday after Plug Power said it might go bust, in another setback for clean-energy companies.




Image: Nasdaq