US inflation slows in February to 2.8%, lower than expected
1. US inflation slowed, with CPI rising 2.8% annually, below expectations. 2. Core CPI posted its smallest gain since 2021 at 3.1%. 3. S&P 500 futures jumped 0.8% following the softer inflation report. 4. Concerns over Trump's tariffs may influence future inflation and market volatility. 5. The Magnificent 7 tech stocks lost over $1.5 trillion in valuation since start of 2025.