After a somewhat shaky trading day, two out of three leading American stock indexes still pointed upwards at closing.
The broad S&P 500 index and the technology-heavy Nasdaq composite index rose 0.5 percent and 1.2 percent, respectively. The Dow Jones industrial index landed at minus 0.2 percent.
The inflation rate for February was 2.8 percent, which can be compared to a price increase rate of 3.0 percent on an annual basis the previous month.
Among individual stocks, a rise was noted for several technology giants – which earlier in the week were hit by steep declines – where, among others, Nvidia rose 6.4 percent and Meta, which owns, among others, Facebook and Instagram, rose 2.3 percent.
Electric car manufacturer Tesla also rose 7.6 percent, after having fallen over 15 percent on Monday.
At the other end, for example, the company Brown-Forman, owner of the whiskey brand Jack Daniel's, fell 5.1 percent. Harley Davidson lost 5.7 percent. Both companies may be hard hit by the ongoing trade war.
Both the EU and Canada have announced their own tariffs against the US in response to the American ones.
Today's rise comes after a period of heavy price falls on the New York stock exchange. During the last month, the S&P 500 has fallen nearly 8 percent.
