After the release of the US February CPI data, Nasdaq futures spiked briefly, and heavyweight stocks rose in pre-market trading

LB Select
2025.03.12 12:35

Nasdaq futures rose nearly 2%, S&P 500 index futures up 1.55%, and Dow futures increased by 1.18%;

The yield on the U.S. 10-year Treasury bond briefly fell, currently reported at 4.264%;

The U.S. dollar index briefly dropped about 20 points, currently reported at 103.40;

Major U.S. stocks such as NVIDIA and Tesla surged in pre-market trading, both rising over 4%.

U.S. CPI data came in below expectations, easing recession fears: