On Tuesday, markets closed mixed with the Nasdaq in the green and the Dow and S&P 500 in the red. NVIDIA hit a new all-time high, up 4% on the day. J.B. Hunt missed Q2 earnings, with revenues of $2.93 billion, slightly below expectations. Stocks are down 3% on this news. Crypto Week faced a procedural delay in Congress.

Looking ahead to Wednesday, the Producer Price Index (PPI) will be released, potentially showing a 3% increase year over year. Q2 earnings reports from Bank of America, Morgan Stanley, and others are expected. Additionally, Zacks experts have identified 7 elite stocks with potential for early price pops. These stocks have outperformed the market with an average gain of 23.5% per year since 1988.

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