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U.S. stock index futures continue to rise, and the U.S. August CPI is basically in line with expectations.
On September 11, U.S. stock index futures continued to rise on Thursday, as inflation data was largely in line with expectations, keeping the Fed on track for rate cuts this year. Data showed that the CPI in August rose 2.9% year-on-year, consistent with market expectations. It rose 0.4% month-on-month, higher than the expected 0.3%. Excluding the more volatile food and energy components, the core CPI increased by 3.1% year-on-year. Another report indicated that for the week ending September 6, the number of initial jobless claims in the U.S. was 263,000, higher than the estimated 235,000. Currently, Dow futures are up about 0.23%, S&P 500 futures have risen 0.27%, and Nasdaq futures are up 0.35%. (Jin10)