Premarket: Stocks skid, gold gains as tariffs wipe out inflation relief

European stocks and U.S. futures slipped on Thursday as investors turned their attention back to an escalating global trade war, after a mild rally on the back of softer-than-expected U.S. inflation data on Wednesday. Stocks fell in Asia, reversing initial gains, while gold climbed to within $10 of its record peak and the safe-haven yen ticked up. The pan-European STOXX 600 index dipped slightly in early trading after rising 0.81% on Wednesday, while Germany's DAX was down 0.62%. Futures pointed to a lower start for Wall Street at the open, with S&P 500 futures losing 0.54% and Nasdaq futures off…