Mei Ri Jing Ji Xin Wen·2025-09-11 17:01Market Performance - The Nasdaq Composite Index reached a new all-time high of 21,992.57 points, up 0.49% on the day [1] - The Dow Jones Industrial Average rose by 1.20%, while the S&P 500 increased by 0.63%, both also hitting record highs [1][2] Major Tech Stocks - Tesla saw a significant increase of over 3%, while Nvidia, Amazon, Apple, and Microsoft experienced slight gains [2] - Google and Meta reported declines in their stock prices [2] - Oracle's stock fell by 4.20% after a previous surge of 36%, resulting in a market cap increase of approximately $250 billion [3] Chinese Stocks - The Nasdaq Golden Dragon China Index rose by over 2.7%, with Alibaba surging by 8% and NIO increasing by over 5% [5][6] Economic Indicators - The U.S. Consumer Price Index (CPI) for August rose by 2.9% year-over-year, matching expectations, and increased by 0.4% month-over-month, slightly above the forecast [7] - Core CPI also met expectations, rising by 3.1% year-over-year and 0.3% month-over-month [7] - Following the CPI and employment data release, the U.S. dollar index fell by 0.33% [7][8] Federal Reserve Outlook - Market expectations indicate a high probability of a 25 basis point rate cut by the Federal Reserve on September 17, with some analysts suggesting the possibility of a 50 basis point cut [9] - Analysts believe that the labor market's weakness outweighs inflation risks, leading to expectations of further rate cuts in the coming months [9]