特朗普：立即降息！标普、纳指，历史新高！

Core Viewpoint - The article highlights the positive performance of the US stock market, driven by expectations of a potential interest rate cut by the Federal Reserve in September, following the release of the July CPI data which was below expectations [1][9]. Economic Indicators - The US Consumer Price Index (CPI) for July increased by 0.2% month-on-month and 2.7% year-on-year. The core CPI, excluding food and energy, rose by 0.3% month-on-month and 3.1% year-on-year [3]. - Housing costs were the main driver of the CPI increase, rising by 0.2%, while food prices remained stable and energy prices decreased by 1.1% [4]. Labor Market Insights - The average real weekly earnings increased by 1.4% year-on-year and 0.4% month-on-month in July, with the average hourly earnings rising by 1.2% year-on-year and 0.1% month-on-month. The average weekly earnings reached $388.01, an increase of $5.51 compared to the previous year [5]. Federal Reserve Expectations - The probability of the Federal Reserve maintaining interest rates in September is 6.6%, while the probability of a 25 basis point cut is 93.4%. For October, the probability of maintaining rates is 2.4%, with a cumulative 25 basis point cut at 37.7% and a 50 basis point cut at 59.9% [5]. Stock Market Performance - On August 12, the three major US stock indices closed higher, with the Dow Jones up 483.52 points (1.10%), the Nasdaq up 296.50 points (1.39%), and the S&P 500 up 72.37 points (1.13%). Both the S&P 500 and Nasdaq reached all-time highs [1][9]. - Major tech stocks saw significant gains, with ON Semiconductor rising over 6%, Intel over 5%, and Meta approaching a market cap of $2 trillion [9]. Automotive Sector Developments - The prices of new cars remained unchanged due to tariffs, while used car and truck prices increased by 0.5%. Transportation and healthcare service prices both rose by 0.8% [4]. - Tesla's stock rose by 0.53%, with a notable increase in electric vehicle sales attributed to significant price cuts, coinciding with the expiration of federal electric vehicle tax credits [11].