The Nasdaq Composite picked up after the soft inflation report eased concerns about a looming recession and as investors snapped up technology shares.

U.S. stock indexes rose Wednesday after Wall Street got some relief from an encouraging inflation update. But even on a rare up day for the market, President Donald Trump’s trade war still knocked stocks around.

Wall Street got some relief after an encouraging report said inflation slowed last month by more than economists expected. The S&P 500 rose 1.2% Wednesday, a day after it briefly

Wall Street got some relief after an encouraging report said inflation slowed last month by more than expected.

Asian stocks mostly gained on Wednesday, diverging from Wall Street’s choppy session as regional investors brushed off concerns over US trade policy shifts under President Donald Trump. While Wall Street wavered on tariff uncertainty and recession fears,