Sharp rise and fall is suspicious (June 13, 2024)
Preface: Yesterday, China and the United States announced their respective Consumer Price Index (CPI) data, but the stock market reactions in the two regions were vastly different... U.S. Market Overview The U.S. released its CPI data before the opening of the $Dow Jones Industrial Average(.DJI.US) last night. The figure of 3.3% was only 0.1 percentage points lower than the market expectation of 3.4%, but the market interpreted it as below expectations, leading to a surge of over 300 points in the Dow. The Dow opened high but closed low, even turning from gains to losses before the close, ultimately ending down 35 points...


