The Nasdaq finished the day up 212 points as investors bought the dip on major tech stocks after an extended market selloff. The S&P 500 finished higher for its first win of the week, while the Dow suffered its third-straight daily loss. Elsewhere, Wall Street's "fear gauge," the Cboe Volatility Index (VIX), fell 10% for its worst day since Jan. 15.

Though this morning's softer-than-expected CPI data boosted sentiment, retaliatory tariffs from Canada and the EU, as well as President's Trump's vow to respond to them further, escalated global trade tensions. 

OIL RISES ON INCREASED DEMAND

Oil prices finished higher for the second day after Energy Information Administration (EIA) showed a substantial increase in gasoline demand for the week, and a drop in supplies. April-dated West Texas Intermediate (WTI) crude added $1.43, or 2.2%, to settle at $67.68 a barrel.

Bullion rose for the second day as well. U.S. gold futures added 0.9% to $2,946.80 an ounce.

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