Reuters-SP 500 Nasdaq gain as megacaps rebound rate concerns prevail
September 25, 2023 3 min 547 words
这篇报道反映了当前美国股市的不确定性和波动性。尽管大部分大型科技公司股票（如苹果、特斯拉、英伟达和谷歌母公司Alphabet）出现了回升，但投资者仍在关注本周经济数据和美联储决策者的讲话，以了解利率走势。亚马逊宣布计划向备受关注的初创公司Anthropic投资高达40亿美元，这一消息使其股价上涨了1.7%。 与利率前景的不确定性有关，包括可能在年底加息以及明年减少降息的预期，导致10年期国债收益率创下16年来的新高，对主要的成长股上周造成了冲击。当天早些时候，标普500和纳斯达克跌至自6月以来的最低水平，而道琼斯指数也跌至两个多月来的最低水平。 股市指数还在今年迎来了首次季度下滑，进入9月的最后几天。与此同时，能源股跃升超过1%，成为标普500指数中涨幅最大的板块，而公用事业股和房地产股遭受了最大的打击。 投资者将密切关注8月耐用品和个人消费支出价格指数、二季度国内生产总值以及美联储决策者的讲话，包括主席杰罗姆·鲍威尔。CFRA研究的首席投资策略师Sam Stovall表示：“任何能使投资者相信我们接近利率紧缩周期的尽头，而不是衰退边缘的因素，都可能使投资者更加自信。” 尽管存在对11月和12月基准利率保持不变的交易者押注，分别达到79%和63%，但市场已经定价出在明年3月早期可能降息25个基点，而在6月和7月的可能性增加到33%以上。 总的来说，这篇报道突出了市场对于利率走势的担忧以及大型科技公司在市场波动中的表现，同时也提到了其他行业的影响因素，如能源和中国企业的股价走势。整体而言，美国股市的未来发展充满了不确定性，需要密切关注经济数据和美联储政策的走向。
The S&P 500 and the Nasdaq gained in choppy trade on Monday as most megacap stocks picked up steam, with investors keenly awaiting economic data and Federal Reserve policymakers' remarks throughout the week for clarity on the path for interest rates.
Apple (AAPL.O), Tesla (TSLA.O), Nvidia (NVDA.O) and Alphabet (GOOGL.O) reversed their course to gain 0.4% to 1.5%. Amazon.com (AMZN.O) advanced 1.7% on plans to invest up to $4 billion in the high-profile startup, Anthropic.
Uncertainty around the interest rate outlook, including a potential hike by year-end and expectations for fewer cuts next year, pushed the 10-year Treasury yield to a 16-year high, bruising major growth stocks last week.
Earlier in the day, the S&P 500 (.SPX) and the Nasdaq (.IXIC) had dropped to their lowest level since June, while the Dow (.DJI) stooped to an over two-month low.
The indexes also eyed their first quarterly declines so far this year heading into the last days of September.
While energy (.SPNY) jumped over 1% to lead gains among major S&P 500 sectors, utilities (.SPLRCU) and real estate (.SPLRCR) were the worst hit.
Investors will now monitor data on durable goods and the personal consumption expenditures (PCE) price index for August, second-quarter GDP, and remarks by Fed policymakers, including Chair Jerome Powell, through the course of the week.
"Anything that would cause investors to believe that we are close to the end of this rate-tightening cycle and not on the precipice of recession could make investors feel a little more confident," said Sam Stovall, chief investment strategist at CFRA Research.
"Because of worries over rising oil prices, rising dollar, rising interest rates, we could see some additional weakness in this traditionally soft seasonal period."
Traders' bets on the benchmark rate remaining unchanged in November and December stood at 79% and 63%, respectively, according to CME's FedWatch tool, with a 25-basis-point rate cut being priced in as early as March and growing to over 33% in June and July.
At 11:50 a.m. ET, the Dow Jones Industrial Average (.DJI) was down 16.18 points, or 0.05%, at 33,947.66, the S&P 500 (.SPX) was up 10.48 points, or 0.24%, at 4,330.54, and the Nasdaq Composite (.IXIC) was up 42.62 points, or 0.32%, at 13,254.42.
Meanwhile, Chicago Fed President Austan Goolsbee in an interview on CNBC stressed on the need to brining inflation back to the 2% target, after some Fed policymakers last week warned of further hikes.
The CBOE volatility index (.VIX), known as Wall Street's "fear gauge", hit its highest level in more than a month during the day.
Footwear maker Nike (NKE.N) and sportswear retailer Foot Locker (FL.N) lost 0.1% and 2.6%, respectively, after Jefferies downgraded both the stocks to "hold" from "buy".
U.S.-listed shares of Chinese firms dipped ahead of a week-long holiday in the world's second largest economy. Shares of Alibaba , PDD Holdings (PDD.O), Baidu and JD.com fell between 1.0% and 2.9%.
Declining issues outnumbered advancers for a 1.20-to-1 ratio on the NYSE and a 1.07-to-1 ratio on the Nasdaq.
The S&P index recorded one new 52-week high and 41 new lows, while the Nasdaq recorded 24 new highs and 297 new lows.