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U.S. CPI: +2.9% YEAR-OVER-YEAR (EST. +2.9%); U.S. CORE CPI: +3.2% YEAR-OVER-YEAR (EST. +3.3%)

2025.01.15 21:31:54

U.S. CPI: +2.9% YEAR-OVER-YEAR (EST. +2.9%)

U.S. CORE CPI: +3.2% YEAR-OVER-YEAR (EST. +3.3%)

Relevant content

Elon Musk teased about the election results, saying, "Looks like my 'election-interfering space laser' didn't work this time."

In relation to the U.S. midterm elections, Elon Musk posted a playful remark saying, "Looks like my space laser for election meddling didn’t work this time." He also noted, "Space data centers look quite attractive right now."

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Zhipu AI and Minimax jumped more than 7% in intraday trading.

Per Bitget market data, Zhipu is up 11.7% in one hour and 9.6% in 24 hours, now quoted at HK$61.42. Minimax turned positive intraday, gaining over 7%, at HK$166.7.

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The Democratic Party has secured 218 House seats, locking in control of the chamber by a wide margin.

According to the latest data, the Democratic Party has secured 218 seats in the U.S. House of Representatives, confirming its control of the chamber. Vote counting remains ongoing; the Republican Party has won 126 seats so far, with 25 seats flipped to the Democrats. The Democratic Party is expected to win the election by a large margin. Under House rules, the chamber has a total of 435 seats, and a party needs to win at least 218 seats to become the majority party.

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Spot silver is up more than 3% on the day, currently trading at $51.30.

According to Bitget's market data, spot silver has risen more than 3% intraday, currently trading at $51.30 per ounce.

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China's A-share listed Changxin Technology rose more than 10% in afternoon trading.

According to Bitget market data, A-share firm Changxin Technology gained 10.77% in the afternoon, trading at 42.98 yuan.

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US Democratic Party's control of Congress lowers market expectations for interest rate hikes.

The prospect of U.S. Democrats taking control of Congress has led investors to expect that the resulting political gridlock in Washington will curb government spending, and artificial intelligence (AI) regulation may also weigh on U.S. economic growth, thereby reducing the necessity of further interest rate hikes. As a result, U.S. Treasury prices rose on Wednesday. The 10-year U.S. Treasury yield dropped by around 5 basis points to 4.90%, while the 2-year U.S. Treasury yield edged lower to 4.5458%, a near two-month low. Boosted by reduced expectations of U.S. interest rate hikes, the stock market rallied. (Jinshi)

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