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 rallied to the brink of a record after more companies reported fatter profits than expected. The S&P 500 rose 1% Thursday. It got within less than 0.1% of its all-time high as Wall Street yawned at the latest announcement on tariffs by President Donald Trump,

President Trump has announced that he would implement tariffs of 25 percent on all steel and aluminum imports to the U.S.