CPI defeated expectations of interest rate cuts, U.S. debt gold plunged, the U.S. dollar rose, U.S. stocks fell sharply, and Nvidia rebounded strongly and once rose by more than 2%

The three major U.S. stock indexes all fell more than 1% during the session, and the Dow Jones Industrial Average fell to its lowest closing level in nearly two months for the third consecutive time. Tesla fell more than 3% in early trading, while Nvidia fell nearly 2% and then turned higher. Meta, which fell more than 2% in early trading, turned higher in early trading. After the CPI was announced, U.S. bond yields hit a new high in more than four months. The ten-year yield rose above the key level of 4.5% during the session, and the two-year yield rose by more than 20 basis points; the U.S. dollar index hit a new high in the past five months; The yuan fell below 152, hitting a new low since 1990; the offshore yuan fell more than 200 points to 7.26; Bitcoin fell below $6.8, setting a new daily low; gold fell more than 1% during the session, falling to a record high. updating