U.S. stocks opened higher after the CPI release, with optical communications and memory chip stocks rallying collectively.

BlockBeats news, September 11, according to BIT(bit.com) market data, after the CPI data was released, the three major U.S. stock indices opened higher collectively, with the Dow Jones Industrial Average up 1.02%, the S&P 500 Index up 0.84%, and the Nasdaq Composite Index up 0.77%.

U.S. optical communication and memory chip stocks opened higher collectively, with Coherent and Marvell Technology up over 3%, SK Hynix and Intel up over 2%, and Micron Technology, Seagate Technology, and SanDisk up over 1%. Oracle rose over 7%, after its first-quarter adjusted revenue exceeded expectations.

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