The Dow Jones Industrial Average opened up 49.46 points, or 0.12%, to 42,916.33 on June 11 (Wednesday); the S&P 500 opened up 11.27 points, or 0.19%, to 6,050.08 on June 11 (Wednesday); and the Nasdaq Composite Index opened up 72.10 points, or 0.37%, to 19,787.09 on June 11 (Wednesday).

June 11, Rabobank analysts said in a report that the performance of the U.S. stock market is too good relative to economic fundamentals, and there is a possibility of a "strong" correction. The recent rise in the U.S. stock market has been mainly driven by purchases by retail investors. These investors may believe that buying when stock prices fall will be successful based on analysis of past trends. However, institutional investors are "increasingly pessimistic." The S&P 500 index has risen recently, approaching its all-time high in February. But Rabobank said that the rise in long-term U.S. Treasury yields is "very inconsistent with the recovery of the U.S. stock market." "Relative to the fundamental background, the current rise in the U.S. stock market is too high, and when people realize this, the U.S. stock market will experience a stronger correction."

On June 11, He Xiaopeng, chairman of Xpeng Motors (09868.HK), announced that Xpeng Motors has officially realized that all its models are equipped with L2 advanced intelligent assisted driving. At the same time, He Xiaopeng believes that the two major standards for L3 computing power AI cars include: local effective computing power greater than 2000Tops, and equipped with a locally deployed VLA+VLM model.

German two-year bond yields fell 2 basis points to 1.84% after the U.S. data.

Institutional analyst Curran commented on the US CPI: The lower-than-expected core inflation rate is particularly noteworthy.

June 11, U.S. Treasury yields fell, with the two-year Treasury yield rising 2 basis points the day before the release of CPI data and now down 5 basis points. However, analysts believe this is not a big change.

The U.S. unadjusted annual housing inflation rate was 3.9% in May, compared with 4% in the previous month.

The U.S. unadjusted new car inflation rate was 0.4% in May, compared with 0.3% in the previous month.

The U.S. unadjusted food inflation rate was 2.9% in May, compared with 2.8% in the previous month.

The U.S. real income rate in May was 0.3% month-on-month, and the previous value was revised from -0.1% to 0%.

British Chancellor of the Exchequer: A record amount of funds will be injected into the National Health Service, and the daily spending of the National Health Service (NHS) will increase by 3% in real terms every year in the future.

UK Chancellor of the Exchequer: Increase NHS technology budget by 50%.

Ukrainian official: Ukraine will use $1.7 billion in funds provided by the UK to strengthen its air defense system.