Comprehensive inflation cooling down, major US stock indexes collectively rise in early trading

The US June CPI turned negative for the first time in four years on a month-on-month basis, with the core year-on-year growth rate hitting a new low in over three years. The three major US stock indexes rose at the opening, with the Nasdaq up 0.06%, the S&P 500 up 0.03%, and the Dow up 0.07%. TSMC rose more than 0.89% at the opening; driven by low prices impacting profits, most US airline stocks trended lower, with Delta Air Lines falling over 8% and American Airlines dropping over 5%. Popular Chinese concept stocks generally rose, with Nio up over 3% and Baidu up over 1%