Changes in US stocks | US inflation showed signs of cooling in February, star technology stocks strengthened collectively

The Zhitong Finance App learned that on Wednesday, Star Technology stocks were collectively strengthened. Tesla (TSLA.US) rose nearly 9%, Nvidia (NVDA.US) and Micron (MU.US) rose more than 6%, Intel (INTC.US) rose nearly 6%, and Broadcom (AVGO.US) rose nearly 5%. According to the news, the CPI report released by the US Bureau of Labor Statistics this evening showed signs of cooling down in US inflation. Among them, the US CPI increased 2.8% year on year in February, a new low since November last year, lower than market expectations of 2.9%; the US core CPI increased 3.1% year on year in February, a new low since April 2021, which is also lower than the 3.2% forecast. After the inflation data was released, traders raised their bets on the Fed cutting interest rates and expected to cut interest rates at least twice during the year.