Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%

It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.

Amazon is discontinuing a service that let Prime members try on clothes, shoes and accessories, and only pay for the items they want to keep.

U.S. Treasury yields were lower on Wednesday, with investors poised to scrutinize economic data for further clues on rate cut outlook.