Stock Futures Rise as Inflation Data and Trade Policies Shape Market Outlook

Investors anticipate February CPI report and react to new U.S. tariffs and potential Intel chipmaking joint venture.

U.S. stock futures climbed Wednesday morning, with Dow, S&P 500, and Nasdaq futures up 0.6%, 0.8%, and 0.9% respectively, following recent market declines.
The February Consumer Price Index (CPI) report, expected to show a slight decline in annual inflation to 2.9%, is closely watched for its implications on Federal Reserve rate decisions.
New U.S. tariffs on steel and aluminum imports took effect, prompting retaliatory measures from the European Union targeting $28 billion in U.S. goods.
Intel shares surged 8% in premarket trading after reports of a potential joint venture led by Taiwan Semiconductor Manufacturing Company (TSMC) with Nvidia, AMD, and Broadcom to manage Intel's foundry division.
Bitcoin rebounded to $83,000 after hitting a recent low, while oil prices rose 1.3% and gold held steady at $2,920 per ounce.