According to CoinMeta, the U.S. stock market rose for most of the morning on Thursday, with the S&P 500 index rising by 0.4%, the Nasdaq Composite Index rising by 0.2%, while the Dow Jones Industrial Average fell by about 0.2%. The release of inflation data alleviated market concerns about a rate hike in September, driving up the stock market. Producer Price Index data showed that price increases were lower than expected, further boosting investor confidence. Although the cooling of CPI and PPI data prompted traders to reduce their bets on a rate hike in September, the market still expects at least one rate hike within the year.