The U.S. July PPI significantly exceeded expectations, and the three major U.S. stock indices opened lower

Wallstreetcn
2025.08.14 13:32

In July, the U.S. PPI accelerated month-on-month, reaching a three-year high. The Nasdaq fell 0.31% in early trading, the S&P 500 index dropped 0.30%, and the Dow Jones fell 0.36%. Most tech stocks declined, with NVIDIA down 0.97% and AMD down over 2%; CoinDesk's parent company Bullish continued its upward trend from yesterday, rising over 10% in early trading; JD.com fell over 1%, with Q2 revenue increasing by 22.4% year-on-year, exceeding expectations, while net profit dropped by over 50%