In the U.S. stock market, inflation expectations were low last month, and the Dow Jones Industrial Average fell nearly 300 points in the early session, while Alphabet continued to perform well

In December, the core CPI in the United States (excluding food and energy) rose by 0.2% month-on-month, lower than the market expectation of 0.3%. Investors are digesting the latest inflation data and focusing on the announcement of corporate fourth-quarter results, with mixed movements in U.S. stocks. The Dow Jones Industrial Average fell nearly 300 points or 0.6% in early trading, while the S&P 500 index dropped by 0.3%; the Nasdaq slightly rose.

In terms of performance, JP Morgan (JPM.US) reported better-than-expected quarterly results, but its stock price fell by 2%; Delta Air Lines (DAL.US) saw its stock price drop by over 2% after earnings. Bank of America (BAC.US), Citigroup (C.US), and Morgan Stanley (MS.US) will report their earnings this week.

Alphabet (GOOG.US) saw its stock price rise again, increasing by nearly 2%. Meta (META.US) Reality Labs laid off about 10% of its workforce, falling by 1%