U.S. Stocks Rebound in Pre-Market Trading as Inflation Data Looms

Investors eye key inflation report while grappling with market volatility and economic uncertainty tied to Trump's trade tariffs.

U.S. stock futures showed gains early Wednesday, with the Dow, Nasdaq, and S&P 500 poised for higher openings following Tuesday's declines.
February's inflation report, expected to show a 2.9% annual increase, is anticipated to provide insights into the economic impact of ongoing trade tariffs.
President Trump's 25% tariffs on steel and aluminum imports took effect, prompting the European Union to announce $28 billion in retaliatory tariffs on U.S. goods starting in April.
Economists warn that prolonged tariffs could lead to higher costs for industries and consumers, though the Federal Reserve views them as temporary price shocks unlikely to alter monetary policy in the short term.
Market volatility persists, with the S&P 500 nearing correction territory and concerns over geopolitical and economic uncertainty influencing investor sentiment.