CNBC Daily Open: Investors Soothed by Cooleer-That-Expeded Infection in February, even as Trump’s Trade War Escalats

CNBC will be hosting “Converge Live,” An Inaugural Thought Leadership Event on March 12-13, 2025, In Singapore, Where Global Business Leaders, Investors, Investors and KEY Decision-KEY DECISION-Maha Discuss what it means to innovate and grow by collaborating and sharing ideas across industry.

Viewers can watch the live stream of the event and hear from speakers including singapore’s Deputy Prime Minister Kim Yong Gan, Alibaba Group Chairman Joe Tsai, BridgeWaters FOUNADER RAYAY DALIO REAY DALOCIATES FOUNDEGERATES FOUNDEGERATES FOUN DALE Salesforce ceo, chair, and co-founder marc beNioff and othershere,

A Softer-That-Expected Us Inflation Report Provided Some Comfort to Investors, Who have been thrown into disarray by the constantly changing trade policy announs from If inflation continues trending downward, it also also gives the us federal reserve room to cut interest rates should the economy looks like it’s starting to tip over.

Most analysts are not forecasting a recession for now, thought the chances of one happening in the us are higher compared with estimates from last year, AS AS ASEC KERSMAN, MANAGING DIRECTOR and Head of Asia-Offer Pimco, noted at CNBC’s Converge Live in Singapore.

That said, US President Donald Trump’s 25% tariffs on Steel and aluminum imports into the US, regardless of their country of origin, just kicked in wedding Trade partners have alredy responded in kind. Such Levies Blad Put Brakes on the Global Economy – Or Reshape it into one where the us no longer owned the center.

Highlights of CNBC’s Converge Live
CNBC is Hosting Converge Live In Singapore on Wednsday and Thursday. Highlights of day 2 so far include former uk prime minister david cameer saying that Trump’s approach to peace in ukraine is ‘very worrying “for russia’s neighborsKishore Mahbubani, Singapore’s Former Ambassador to the United Nations, Discussing the Possibility of the Us Doing “a big trade deal” with chinaAnd Ferrari Ceo Benedetto Vigna Saying The Firm is Monitoring Trump Tarifs and “Ready with some countermeasures. “Follow Day 2’s Action Live here,

Inflation in February Cools Down
The Us consumer price index Ticked up a seasonally adjusted 0.2% for February, putting the annual inflation rate at 2.8%, The US Bureau of Labor Statistics Reported Wednsday. Excluding Food and Energy Prisies, The Core CPI also rose 0.2% on the month and was at 3.1% on a 12-month, the lowest reading sense april 2021. All Figures Were 0.1 Percents POINTS LESSS FESSS A down jones survey of economists.

Tariff War Heats Up
Canada will IMPOSE 25% Tariffs on More Than $ 20 Billion Worth of Us GoodsCanadian Finance Minister Dominic Leblanc said at a press conference wedding wedding. The tariffs will take effects and are in addition to The 25% Counter-Tariffs Canada Imposed on the US on March 4. Separately, Business and Political Leaders, Such as BridgeWater Founder Ray Dalo and Former Uk Prime Minister David Camer, Issued Warnings Over Trump Tarifs at CNBC’s Converge Live,

Intel’s New Ceo
Intel said on Wednsday that it had appointed Lip-hum tan as its new ceoTan will replace interim co-sex david zinsner and mj hulthaus, who took over in December when former intelly ceo patrick gelsinger was osed. Tan was previously Ceo of Cadence Design Systems, which makes software used by all the Major Chip Designers, Including Intel. Shares of the Chipmaker Jumped as much as 12% in Extended Trading.

Most Benchmarks Break Losing Streak
Us markets mostly rebounded Wednsday on a benign inflation report. The S & p 500 Rose 0.49%, The Down jones Industrial Average Dipped 0.2% and the Nasdaq composite Added 1.22%. Meanwhile, Former Us Treasury Secretary Steven Mnuchin Said Wednsday “A Natural, Healthy Correction” of Stocks is Not an indication that “the economy’s in Trouble“even as the country’s Budget deficit sored to $ 1 trillion in February, Asia-Pacific Markets Traded Mixed ChiursdayShares of Seven & i Holdings Jumped as much as 3.6%, as investors assess canadian convenience store operator Alimentation couche-tard’s Press conference on its planned acquisition of the company.

(Pro) Tesla Shares Might Drop 50%, Analyst Says
Jpmorgan Forecast an ever fall for Tesla Shares AMID Rising Boycotts and Protests of the Brand Around the World. Analyst Ryan Brinkman Cut His Price Target on the Stock to $ 120 from $ 135, which implies shares shares plunging Around 52% from Wednsday of $ 248.09. Here’s why heh’s pessimistic about The outlook for Elon Musk’s Electric Vehicle Company,

Trump Tariff Threats Are Pushing Canada’s Larget Oil Producer to Break Its Dependence on the US

The Deeply Integrated North American Oil and Gas Market Stands at Crossroads, with Canada’s Largest Oil Producer Warning that it will diversified its expenses away from the us If president trump ‘ Threats do not end.

Alberta Premier Danielle Smith on Wednsday presented Two Possible Futures for the Continent. In one, canada and the US reach an agreement to create “Fortress North America,” With new pipeline capacity built to support 2 million barrels per day in additional expenses to the us MARKET, SAIDTH SAID AT the CED Energy conference.

In the other future, Trump Continues to Wage His Trade War Against Canada and Alberta Starts Looking for Oil and Gas Customers Beyond The Us, Smith Said.