The New York stock market rebounded after five trading days. Major indices all posted gains as the market smoothly digested falling international oil prices and the release of the U.S. August Consumer Price Index (CPI).

On the New York Stock Exchange on the 11th (local time), the Dow Jones Industrial Average closed at 52,573.29, up 509.19 points (0.98%) from the previous trading day. The large-cap-focused S&P 500 rose 65.28 points (0.86%) to 7,656.98, while the tech-heavy Nasdaq Composite climbed 251.31 points (0.96%) to 26,333.04.

■ Market Eyes on Falling Oil Prices and CPI Release

Market attention was focused on international oil prices and the CPI. Oil prices, which had surged recently due to Middle East tensions, declined, easing some concerns that rising energy costs could reignite inflation. The price of West Texas Intermediate (WTI) crude fell more than $2 from the previous day, dropping to around $100 per barrel.

The inflation figures also did not deviate significantly from market expectations. The U.S. August CPI rose 3.4% year-over-year and 0.4% month-over-month. While the headline CPI largely matched market forecasts, core inflation remained sticky, keeping caution alive around the Federal Reserve's future rate path. However, the stock market reacted more strongly to the cooling of recently surging oil prices than to inflation itself.

■ Still Weak on a Weekly Basis... Fed Policy Decision in Focus

Until the previous session, the New York market had fallen for four consecutive trading days amid combined pressures from rising oil prices and U.S. Treasury yields. With the rebound, the S&P 500 and Nasdaq recovered part of their recent losses. However, on a weekly basis, major indices remained in negative territory, with the S&P 500 down about 0.8%, the Dow down 1.6%, and the Nasdaq down 0.7% for the week.

Accordingly, whether the day's gains will lead to a trend reversal is expected to depend on the Fed's monetary policy decision scheduled for next week and movements in Treasury yields.

[This article is for informational purposes only to aid investment decisions and does not recommend the purchase or sale of any specific securities. The final investment decision and responsibility rest with the investor. AI was used in compiling the material.]