8月14日行情解析：今晚PPI成关键！美股涨势蹊跷，降息预期要翻车？

Core Viewpoint - The U.S. stock market continues its upward trend, with the Dow Jones potentially reaching new highs, although synchronized increases across major indices could signal a clearer reversal [1] Group 1: Market Trends - The S&P 500 and Nasdaq are experiencing relatively moderate gains, while the Dow Jones and Philadelphia Semiconductor Index show signs of acceleration [1] - The Philadelphia Semiconductor Index has been consolidating in the 5500-5800 point range for over a month, indicating significant resistance [1] - Recent breakthroughs in the Philadelphia Semiconductor Index lack sufficient volume, raising concerns about a potential "false breakout" leading to a genuine pullback that could negatively impact tech stocks [1] Group 2: Inflation Concerns - The decline in oil prices may be masking underlying inflation pressures, as energy constitutes a significant portion of the Consumer Price Index (CPI) [1] - Core CPI, excluding energy factors, has shown a slight increase, although market expectations for interest rate cuts have overshadowed inflation concerns [1] Group 3: Tariff Implications - Tariff issues have seemingly faded from market focus, but new tariffs that took effect on August 1 are expected to have a gradual impact over the next 3-6 months [1] - Upcoming Producer Price Index (PPI) data release is anticipated to be significant for market analysis [1]