In the bond market, Treasury yields edged up to regain more of their losses from recent months sparked by worries about the U.S. economy’s strength. The 10-year Treasury rose to 4.31% from 4.28% late Tuesday and from 4.16% at the start of last week.

U.S. stocks are rising 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 is still knocking stocks around.

S&P 500 E-Mini futures (ESH25) are trending up +0.56% this morning as investors gear up for the release of crucial U.S. inflation data. Stock futures got a boost after U.S. President Donald Trump stated he doesn’t see a U.