Changes in US stocks | CPI landed in August, NASDAQ rose 1.03%, and most star technology stocks rose

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that on Friday, the three major US stock indices collectively opened higher. The NASDAQ rose 1.03%, and most star technology stocks rose. Dell Technology (DELL.US) rose more than 6%, Apple (AAPL.US) and Google A (GOOGL.US) rose more than 2%, Amazon (AMZN.US) and Microsoft (MSFT.US) rose more than 1%, and Nvidia (NVDA.US) and Tesla (TSLA.US) rose nearly 1%.

According to the news, data released by the US Department of Labor on the 11th shows that the US core consumer price index for August increased by 2.4% year on year. It is estimated to be 2.4%, compared to the previous value of 2.5%. Core CPI increased 0.3% month-on-month in August, and is estimated at 0.2%. After the US CPI for August was announced, traders expected that the probability that the Fed would raise interest rates next week was about 90%, and the market fully anticipated that the Fed would raise interest rates twice before the end of the year.

Goldman Sachs economist Alexandra Wilson-Elizondo said that today's data in line with expectations will allow the Federal Reserve to keep the interest rate hike option, but not be forced to act, so the market may pay more attention to Walsh's communication, energy prices, labor market data, and what will happen next, rather than what will be released today.