Changes in US stocks | NASDAQ rose more than 1%, star technology stocks generally rose, Intel (INTC.US) rose nearly 5%

The Zhitong Finance App learned that on Thursday, the Nasdaq index rose more than 1% in the intraday period, with Intel (INTC.US) rising nearly 5%, Tesla (TSLA.US) and Broadcom (AVGO.US) rising nearly 2%, and Google A (GOOGL.US), Nvidia (NVDA.US), and Microsoft (MSFT.US) rising more than 1%.

According to the news, on August 13, data from the US Bureau of Labor Statistics showed that PPI remained flat month-on-month in July, rising moderately below market expectations, while the year-on-year increase fell to 4.7% from 5.5% in June. Excluding food and energy, the core PPI rose 0.2% month-on-month, lower than expected 0.3%, and the year-on-year growth rate fell to 4.2%. The increase in producer prices in the US in July fell short of market expectations. Combined with the consumer price data released the day before, the pressure on inflation eased further, and the market's expectations of the Federal Reserve taking short-term interest rate hikes continued to be pressured.