Overview

• Futures for the Dow, S&P 500, and Nasdaq rose 0.6%, 0.8%, and 0.9% respectively, following sharp declines earlier this week.
• The February Consumer Price Index report, expected to show a slight slowdown in annual inflation to 2.9%, is set to be released this morning.
• President Trump's 25% tariffs on steel and aluminum imports took effect today, prompting the EU to announce $28 billion in retaliatory tariffs starting in April.
• Intel shares surged in premarket trading after reports of a potential joint venture involving TSMC, Nvidia, AMD, and Broadcom to take over its foundry division.
• Bitcoin rebounded to $83,000 after hitting a multi-month low on Tuesday, while oil and gold prices showed modest movements.