Wall Street Today, March 12 -- The US stock market's main indexes snapped their two-day losing streak driven by data showing cooling US inflation in February. After leaping to a big initial gain, US scrips were shaky mid-session, triggered by concerns of an escalating global trade war due to US President Donald Trump's tariffs. Wall Street majors Goldman Sachs lowered its year-end target for the S&P 500, while JP Morgan sees increasing odds of a US recession.

With today's advance, the S&P 500 is 8.9 per cent below its all-time closing high reached less than a month ago. On Monday, the bellwether index dipped below its 200-day moving average, considered a significant support level, for the first time since November 2023. The index rose 0....