The US Consumer Price Index (CPI) for June rose 2.7% year-on-year and 0.3% month-on-month, meeting market expectations. In response, the three major US stock indexes opened on a positive note, with the Nasdaq, S&P 500, and Dow Jones Industrial Average rising 0.88%, 0.48%, and 0.01%, respectively. NVIDIA's share price surged more than 4.3% after the company announced that it had secured a license to sell H20 chips to China and would introduce the RTX pro GPU. Additionally, MP Materials, a US rare earth producer, witnessed its share price skyrocket over 11% due to a $500 million supply agreement with Apple for rare earth magnets. Citibank reported a 25% year-on-year increase in net profit for the second quarter, totaling $4 billion, with strong performance in its trading business. TSMC's share price climbed 2.8%, as analysts forecasted a 53% year-on-year surge in its second-quarter net profit, marking a new record for a single quarter.