According to CoinMeta, on August 12th, the U.S. stock market rose, with the S&P 500 index increasing by 0.33% to 7,753.74 points, and the Nasdaq Composite Index rising by 0.64% to 26,614.17 points. Stocks in artificial intelligence, such as NVIDIA, drove the rise in the tech sector. Although the overall market performance was mixed, the weakness in transportation stocks put pressure on the Dow Jones Index. The main economic catalyst was the July Consumer Price Index (CPI), which rose by 0.1% month-on-month and 3.4% year-on-year. This report alleviated investors' concerns about the Federal Reserve possibly resuming interest rate hikes.