S&P 500, Dow and Nasdaq start in the green, shaking off back-to-back stronger-than-expected inflation data. They brace for Trump's reciprocal tariffs.

U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in early Wednesday trading.

Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest trading partners, risking even higher consumer prices and pushing back the prospects of the Federal Reserve lowering interest rates soon.