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📈Last night, the Dow Jones increased by 0.15%, Nasdaq rose by 0.12%, and S&P 500 went up by 0.03%. The 10-year U.S. 📊Treasury bond yield closed at 4.109%. The VIX dropped by 0.69%, Brent crude oil closed down by 1.2%, and spot gold decreased by 0.13%.

🔍 CPI (Consumer Price Index): Unadjusted YoY growth of 3.2% in July, ending 12 months of decline. 🔍 Core CPI: Unadjusted YoY growth of 4.7% in July, lowest since October 2021

🛒Alibaba's stock rose by 4.6% following its recent earnings report. Total revenue of approximately $36.40 billion (RMB 234.156 billion), marking a 14% increase compared to the previous year.

• Adjusted earnings per American Depositary Share (ADS) at about $2.70 (RMB 17.37), showing a 48% rise compared to the same period last year.

• Alibaba engaged in a share buyback program, repurchasing 35.6 million American Depositary Shares (ADS) for $3.1 billion, equivalent to around 284.4 million ordinary shares.