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U.S. Stock Futures Rise as Investors Await Key Inflation Data and React to Tariff Developments

Markets show signs of recovery after recent selloff, with focus on February CPI report and escalating trade tensions under Trump's tariff policies.

  • 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.
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