THE STOCK MARKET TODAY: A 500-POINT INCREASE AND A STRONG REBOUND BETWEEN YVETTE AND AI STOCKS

ON 12 AUGUST, THE UNITED STATES STOCK MARKET ROSE BY 0.33 PER CENT ON THE STANDARD 500 INDEX, TO 7753.74 POINTS, TO 0.64 PER CENT ON THE NASDAQ COMPOSITE INDEX, TO 26614.17 POINTS, AND TO 26,614.17 POINTS ON ARTIFICIAL INTELLIGENCE STOCKS SUCH AS WEIDA, WHICH CONTRIBUTED TO THE RISE OF THE TECHNOLOGY PLATE. DESPITE THE OVERALL UNEVEN PERFORMANCE OF THE MARKET, THE WEAKNESS OF THE TRANSPORT UNIT HAS PUT PRESSURE ON THE DOW JONES INDEX. THE MAIN ECONOMIC CATALYST WAS THE JULY CONSUMER PRICE INDEX (CPI), WHICH INCREASED BY 0.1 PER CENT IN THE RING COMPARISON AND 3.4 PER CENT IN THE SAME YEAR. THE REPORT ALLEVIATED CONCERNS AMONG INVESTORS ABOUT A POSSIBLE RESUMPTION OF INTEREST RATE HIKES BY THE FED。