Overview

• The Dow Jones Industrial Average jumped 617.08 points to a record close of 46,108.00, its first finish above 46,000 after the August CPI matched forecasts.
• Japan’s Nikkei 225 ended Thursday at a record 44,372.50 and on Friday set fresh intraday highs, briefly approaching 45,000 as gains concentrated in semiconductor shares.
• U.S. consumer prices rose 2.9% year on year in August, with core inflation steady at 3.1%, bolstering market expectations for a rate cut at the Sept. 16–17 Fed meeting.
• The yen traded in the low ¥147 per dollar during Tokyo hours as investors priced a narrower U.S.–Japan rate gap following the CPI release.
• China’s August auto sales rose 15.6% to 2.245 million units, with new energy vehicles exceeding a 50% share, providing demand support for regional supply chains.