The Dow Jones initially fell following a US inflation report but recovered somewhat.
US consumer prices saw their biggest jump in over a year, supporting the Federal Reserve's stance on interest rates.
Fed Chair Powell cautioned against reading too much into the inflation data, citing the PCE inflation gauge as the preferred measure.
Uncertainty remains in the markets regarding how tariffs will impact global growth and inflation.
The Dow Jones fell around 400 points on Wednesday following a hot
12-02-2025 13:21 GMT
by Zain Vawda
