In the early morning of the 14th Beijing time, US stocks closed slightly higher on Wednesday. Investors are reviewing the latest earnings, inflation data and Fed policy movements. Us CPI grew 0.4 per cent month-on-month in September and 5.4 per cent year-on-year, both higher than expected. Fed minutes say bond purchases could begin to scale back as early as mid-November.

The Dow fell 0.53 points to 34377.81, the Nasdaq rose 105.71 points, or 0.73%, to 14571.64, and the Standard & Poor's 500 Index rose 13.15 points, or 0.30%, to 4363.80.

The minutes of the Fed's September monetary policy meeting released on Wednesday showed that scaling back asset purchases could begin as early as mid-November.

The third-quarter results of the United States have begun, with JPMorgan Chase & Co, Blackrock and Delta Airlines releasing their first batch of results on Wednesday.

The latest economic data show that the imbalance between supply and demand in the United States has turned into persistent inflationary pressures in the early autumn of this year.

The Labor Department released a report on the US Consumer Price Index (CPI) for September, proving that another rise in the cost of living in September kept US inflation at a 30-year high. Including today's CPI report, there is growing evidence that high prices in the United States are likely to continue into next year.

The data showed that the US consumer price index rose 0.4% in September from a month earlier, mainly due to increases in food, gasoline and rents. The market expects the figure to grow by 0.3% month-on-month. CPI rose 5.4 per cent in September from a year earlier, well above the Fed's 2 per cent inflation target. The data show that the US CPI index rose at its fastest pace in 30 years this year.

Tesla, Inc., the champion of US stock turnover, closed 0.7% higher on Wednesday, with a turnover of US $11.41 billion.Mining company Prony Resources on Wednesday announced a multi-year nickel supply agreement with Tesla, Inc., which will buy more than 42000 tonnes of nickel. Prony did not disclose the duration of the contract with Tesla, Inc..

In addition, the National Highway Traffic Safety Administration (NHTSA) asked Tesla, Inc. for more information, saying Tesla, Inc. may have adopted practices that might hinder access to the system.

NHTSA asked Tesla, Inc. why he did not issue a recall notice when updating the Autopilot software, and pointed out that the recall is necessary if the remote update improves the security flaw. NHTSA also asked Tesla, Inc. to provide information about his "fully autopilot" software.

Apple Inc, second in turnover, closed down 0.4%, with a turnover of US $11.05 billion.It was reported yesterday that Apple Inc had told suppliers to cut orders for iPhone 13 by as much as 10 million units for the rest of the year due to chip shortages. On Wednesday, Apple Inc's supplier denied reports that production of the iPhone 13 had been cut due to chip shortages.

The fifth place AMD closed 3.9% higher, with a transaction of $6.05 billion.U. S. semiconductor stocks generally rose on Wednesday.

In seventh place, Moderna Inc closed 3.3% higher, with a turnover of US $4.11 billion.Moderna Inc executives say vaccine plants may be built in South Africa, Rwanda or Senegal in the future. The company also said last week that it expected the African vaccine plant to invest US $500 million and have an annual production capacity of 500 million doses.

JPMorgan Chase & Co, No. 10, closed down 2.6%, the biggest daily decline since Sept. 20, with a turnover of $3.67 billion.JPMorgan Chase & Co took the lead in announcing the results of the third quarter. Its M & A division posted its best quarterly performance in history, but consumer and business loan growth still faces challenges.

Prager Energy, 12th place, closed up 12.8%, with a turnover of $2.81 billion.Stephen Byrd, an analyst at Morgan Stanley, upgraded Prager's energy stock to overweight from flat, and raised its target price to $40 from $35. The analyst said Prager Energy has the ability to become a leader in the hydrogen energy economy.

Analysts believe that with the continuous expansion of the application of hydrogen energy, Prager Energy is expected to break out in the general trend of energy transformation.

Sea Ltd, the 15th Singapore Internet company, closed 7.5% higher with a turnover of US $2.04 billion.

Saifu, the 18th cloud service provider, closed 1.9% higher with a transaction of $1.87 billion.

The following are the 20 most actively traded stocks of the day (by turnover):