Tech Stocks Bounce Back After Soft Inflation Data | Global News Avenue

Major U.S. stock indexes mix after the latest consumer price inflation (CPI) data show sharper than expected Inflation falls In February. But economists predict that U.S. tariff policies could lead to price pressure in the coming months.

The S&P 500 index rose 0.5%, while the Nasdaq bounced 1.2%, surpassed by the tech sector. The Dow Jones Index closed its midweek meeting, down 0.2%.

Tesla (TSLA) Stocks rose for the second straight meeting, up 7.6%, the strongest performance of any S&P 500 stock on Wednesday. Tesla received it Show support President Donald Trump held a promotion for electric vehicle (EV) manufacturers in the White House on Tuesday. However, analysts at Evercore and Guggenheim lowered their price targets for Tesla stock, citing concerns about the company’s automatic ambitions and vehicle transport capabilities.

More than expected CPI reports helped Add various stocks In the technology field, this can help tech companies fund their growth programs as inflation reduces borrowing costs. In addition, the report of the proposal of Taiwan Semiconductor Manufacturing Company (TSM) Establish a joint venture with US chip manufacturers to operate Intel (INTC) Foundry provides elevators for the semiconductor industry. Sharing of Memory and Data Storage Provider Micron Technology (mu) 7.4% ahead of schedule, while AI chip behemoth nvidia stock (NVDA) Get 6.4%.

Palantir Technologies (bacteria) Stock jumped 7.2% after data analysis software company Revealed a new group of customersincluding pharmacy operator Walgreens (WBA) and brew giant Heineken. The companies will join existing Palantir customers at Thursday’s Artificial Intelligence (AI) event, which aims to show how customers can leverage Palantir’s AI platform.

Discount retailers saw their shares under pressure on Wednesday. Dollar Tree (dltr) Shares fell 5.7%, the sharpest decline in the S&P 500 S&P 500. Wells Fargo analysts recently lowered their price targets for the dollar tree stock, noting that the company faces pressures related to macroeconomic uncertainty, potential tariff effects, and pressure on low-income food aid under the Supplementary Nutrition Assistance Program (STNAP). Target shares (TGT) and US dollars (DG) fell 4.9% and 4.8% respectively.

Shares of Brown-Forman, an alcoholic beverage manufacturerBF.B) fell 5.1%. The EU has decided to impose a 50% tariff on whiskey imported from the United States, which will take effect on April 1, Propose sales challenges In the main market of Jack Daniels manufacturers.

United Airlines (ual) The stock lost 4.7% after the carrier said it would reduce capacity and retire 21 aircraft later in 2025. The move is on competitor Delta Air Lines (Dahl) introduces the softness of travel needs to cut its guidance.