Gold Gains Over 1%; US Inflation Rate Falls To 2.4% - Alliance Entertainment (NASDAQ:AENT), Corsair Gaming (NASDAQ:CRSR)

Market Performance - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by approximately 250 points, closing at 49,701.48, a rise of 0.50% [1] - The NASDAQ rose by 0.41% to 22,690.60, while the S&P 500 gained 0.61%, reaching 6,874.47 [1] - Utilities shares saw a notable increase of 2% on the same day, while financial stocks decreased by 0.3% [1] Inflation Data - The annual consumer-price inflation rate in the U.S. decreased from 2.7% in December to 2.4% in January, marking the lowest inflation rate since May 2025 [2][6] - The January inflation reading was below economist expectations of 2.5%, with a monthly increase in headline CPI of 0.2%, slightly lower than the previous reading and consensus estimates of 0.3% [2][6] Commodity Market - In commodity trading, oil prices fell by 0.2%, settling at $62.73, while gold prices increased by 1.5% to $5,023.90 [3] - Silver prices rose by 2.5% to $77.605, whereas copper prices decreased by 0.5% to $5.7590 [3] European Market Trends - European shares mostly declined, with the eurozone's STOXX 600 dropping by 0.24% and Spain's IBEX 35 Index falling by 1.29% [4] - The FTSE 100 in London gained 0.22%, while Germany's DAX fell by 0.43% and France's CAC 40 dipped by 0.38% [4] Asian Market Trends - Asian markets closed lower, with Japan's Nikkei down by 1.21%, Hong Kong's Hang Seng Index down by 1.72%, China's Shanghai Composite down by 1.26%, and India's BSE Sensex declining by 1.25% [5]