Consumer Price Index (CPI) and PPI (Industrial Producer Price Index) data for April 11 released. In April, the market was generally well supplied, consumer demand gradually recovered. The price of fresh vegetables fell by 13.5%, a decrease of 2.4 percentage points. It is estimated that in April's 4.3% year-on-year decline in PPI, the tail impact of last year's price changes was about -6.2 percentage points; the impact of new price increases was about 0.1 percentage points, compared with -0.0 percentage points last month.
Tech stocks have showed remarkable resilience in 2023 in the face of rising interest rates and an uncertain economic outlook. The tech-heavy NASDAQ index is up over 14% year to date through April 11.