According to Odaily Planet Daily, analyst Steve Goldstein said that the market's first reaction was positive - stocks rose and bonds also rose. S&P 500 futures rose from flat to up 0.5%, and the 10-year U.S. Treasury yield fell 11 basis points. Data showed that the U.S. CPI monthly rate in April was 0.3%, lower than expected, and retail sales in April did not increase. After the CPI data was released, the swap market expected the Fed to accelerate its pace of interest rate cuts in 2024.