{"id":10463,"date":"2025-09-11T14:10:07","date_gmt":"2025-09-11T14:10:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/dow-rises-despite-higher-august-cpi-data\/"},"modified":"2025-09-11T14:10:12","modified_gmt":"2025-09-11T14:10:12","slug":"dow-rises-despite-higher-august-cpi-data","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/dow-rises-despite-higher-august-cpi-data\/","title":{"rendered":"Dow rises despite higher August CPI data"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">U.S. stocks climbed on Thursday, with the Dow Jones Industrial Average up more than 170 points, while Treasury yields declined after the latest consumer inflation data.<\/p>\n<div id=\"cn-block-summary-block_193f6b1678114c279ec40667f4fcc760\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Dow Jones Industrial Average gained 170 points and S&amp;P 500 added 0.3%.<\/li>\n<li>Wall Street remained bullish despite consumer price index data coming in hotter-than-expected on Thursday.<\/li>\n<li>Overall expectation is that the CPI report will not impact anticipated Federal Reserve interest rate cut.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Stocks continued higher on Sept. 11 as Wall Street weighed the consumer price index for August, with the inflation data showing consumer prices rose 0.4%. Despite the inflation outlook, the Dow Jones Industrial Average climbed more than 170 points, notable after the blue-chip index showed muted sessions this week.<\/p>\n<p>Investors, buoyed by expectations of a long-awaited Federal Reserve interest-rate cut, also piled into the S&amp;P 500 and Nasdaq Composite. The benchmark index, which has soared to record highs amid bullish sentiment across risk-asset markets, extended record highs above 6,500 by 0.3%. The Nasdaq Composite also added 0.3% and remains at record highs.<\/p>\n<p>This upbeat sentiment has also pushed Bitcoin (BTC) higher. <\/p>\n<p>Meanwhile, the 10-year U.S. Treasury yield fell 4% to 4.002%, and the 30-year Treasury yield shed more than 1 basis point to hover at 4.661%.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">CPI report and U.S. jobless claims<\/h2>\n<p>On Thursday, the U.S. Bureau of Labor Statistics <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\" target=\"_blank\" rel=\"nofollow\">released<\/a> its latest inflation data. The report showed that the consumer price index for August ticked up month over month with 0.4% against expected 0.3% and above 0.2% in July.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">CPI for all items rises 0.4% in August; shelter and food up <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/dJyJeKlXDJ\">https:\/\/t.co\/dJyJeKlXDJ<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/CPI?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#CPI<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BLSdata?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#BLSdata<\/a><\/p>\n<p>\u2014 BLS-Labor Statistics (@BLS_gov) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/BLS_gov\/status\/1966117460454572051?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">September 11, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>However, the CPI came in-line with the forecast annual inflation rate of 0.29%.<\/p>\n<p>Notably, core CPI, which excludes food and energy categories, stood at 0.3% in August and 3.1% annually. These figures align with economists\u2019 forecasts, and investor sentiment rose as core CPI is considered the Fed\u2019s preferred inflation gauge.<\/p>\n<p>Also released on Thursday was the Labor Department\u2019s weekly jobless claims report, which showed a surprise jump in claims for unemployment compensation.<\/p>\n<p>The data indicated the number of Americans filing jobless claims increased to a seasonally adjusted 263,000, slightly higher than the expected 235,000. Weekly jobless claims were up 27,000 from the previous period.<\/p>\n<p>Despite the slight jump in CPI in August, investors are largely bullish on the Fed cutting interest rates next week.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stocks climbed on Thursday, with the Dow Jones Industrial Average up more than 170 points, while Treasury yields declined after the latest consumer inflation data. Summary Dow Jones Industrial&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10463"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10463\/revisions"}],"predecessor-version":[{"id":10464,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10463\/revisions\/10464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4349"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}