US Stock Market Move | In February, the United States showed signs of cooling inflation, and star technology stocks collectively strengthened.

On Wednesday, the tech stocks opened strong, with Tesla, Inc. (TSLA.US) rising nearly 9%, NVIDIA Corporation (NVDA.US) and Micron Technology, Inc. (MU.US) rising over 6%, Intel Corporation (INTC.US) rising nearly 6%, and Broadcom Inc. (AVGO.US) rising nearly 5%. In terms of news, the U.S. Bureau of Labor Statistics released a CPI report in the evening showing signs of cooling inflation in the U.S. In February, the U.S. CPI increased by 2.8% year-on-year, the lowest since November last year, lower than the market's expectation of 2.9%; the U.S. core CPI in February increased by 3.1% year-on-year, the lowest since April 2021, also lower than the expected 3.2%. After the release of inflation data, traders increased their bets on the Federal Reserve cutting interest rates, with at least two rate cuts expected within the year.