Wednesday's whipsaw session came courtesy of the latest inflation data and tariff news. Stocks were mostly higher by the close as market participants swooped in to buy the dip.
The main indexes opened higher across the board today, with sentiment boosted by a cooler-than-expected inflation update. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.2% month over month in February, slower than January's 0.3% rise and economists' projections for a 0.3% increase. Year over year, February CPI was up 2.8%.
