The nearest resistance level for Dow Jones is located in the 44,600 – 44,700 range. A successful test of this level will open the way to the test of the next resistance at 45,000 – 45,100. RSI is in the moderate territory, so there is plenty of room to gain momentum in the near term.

The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.

Stocks rose Wednesday after President Donald Trump announced the U.S. had reached a trade deal with Japan, lifting hope for further agreements being made.

U.S. stocks signaled a calmness on Sunday night that belied a busy week ahead that includes a flood of corporate earnings, economic data and comments from central bankers. Futures

The Dow Jones Industrial Average (DJIA) remains trapped in consolidation around the 44,400 region on Tuesday. Earnings week is in full swing, and a few key misses on Tuesday gave investors cause for pause, twisting a kink into the tech rally and dragging down key blue chips.

June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.

Dow Futures fall as Trump unveils sweeping tariffs on Canada; Bitcoin surges, markets react, and tech continues to lead.