Reuters-Futures snap back after previous sessions mauling
September 27, 2023 3 min 493 words
这篇报道描述了美国股指期货在前一交易日的重挫后出现反弹的情况。值得关注的是，这一反弹是因为国债收益率的下降对大型科技公司股票产生了提振，同时投资者正在等待美国的拨款法案和本周的通货膨胀数据，以评估美联储货币政策的前景。在10年期国债收益率回落的情况下，包括苹果、微软、特斯拉和谷歌在盘前交易中上涨了0.4%到0.6%。亚马逊在美国联邦贸易委员会提起反垄断诉讼后，经历了周二的抛售之后上涨了0.2%。 报道中提到，尽管有窗口装饰的市场复苏可能在季度的最后几天出现，但近期前景仍然疲软。政策制定者预计高利率将持续至2024年底，这将提高国债收益率，因为这些债券对利率预期敏感，由于政府支持，被视为无风险。标普500和纳斯达克正在迎来今年以来表现最差的月份，包括道琼斯指数在内的三大指数也可能迎来2023年的首次季度下跌。 另一方面，中国工业利润下降的数据显示在政策支持的推动下有所缓解，央行也承诺加强经济复苏。投资者还期待8:30 a.m. ET公布的8月耐用品数据，以及本周晚些时候的二季度GDP和月度个人消费支出价格指数，同时也期待联邦储备主席杰罗姆·鲍威尔的讲话。 总的来说，这篇报道描绘了一个充满不确定性的市场环境，投资者面临着来自高利率、通货膨胀以及政治动荡等多重风险。在这种情况下，市场的短期表现仍然不明朗，需要密切关注各种因素的演变。
U.S. stock index futures rebounded on Wednesday as easing Treasury yields boosted megacaps, while investors awaited developments on a U.S. funding bill and inflation data this week to gauge the outlook for the Federal Reserve's monetary policy.
A pullback in the 10-year Treasury yields provided some relief to megacap growth stocks including Apple (AAPL.O), Microsoft (MSFT.O), Tesla (TSLA.O) and Alphabet (GOOGL.O), up between 0.4% and 0.6%, in premarket trading.
Amazon.com (AMZN.O) edged 0.2% higher after Tuesday's sell-off following the U.S. Federal Trade Commission's antitrust lawsuit against the online retailer.
At 7:10 a.m. ET, Dow e-minis were up 92 points, or 0.27%, S&P 500 e-minis were up 15.75 points, or 0.37%, and Nasdaq 100 e-minis were up 51.75 points, or 0.35%.
All the three major stock indexes closed over 1% lower on Tuesday as 10-year Treasury yields held their multi-year highs, with investors wrestling with prospects for a long period of high interest rates and an economic fallout.
"Despite the possibilities of a market recovery as window dressing in the last days of the quarter is likely to occur, the near-term outlook remains weak," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.
However, markets are bracing for some more volatility, with policymakers projecting elevated rates until the end of 2024, boosting Treasury yields, which are sensitive to interest rate expectations and seen as risk-free due to government backing.
The S&P 500 (.SPX) and the Nasdaq (.IXIC) are set for their worst monthly showing so far this year, while all the three indexes including the Dow (.DJI) are eyeing their first quarterly decline in 2023.
Meanwhile, data also showed declines in China's industrial profits were easing on the back of policy support, while the central bank also vowed to bolster economic recovery.
Investors also looked forward to durable good data for August, due at 8:30 a.m. ET, and second-quarter GDP and monthly personal consumption expenditures price index later in the week, with Federal Reserve Chair Jerome Powell's remarks also on tap.
Traders' bets on the benchmark rate remaining unchanged in November and December stood around 80% and 64%, respectively, according to CME's FedWatch tool. Meanwhile, a 25-basis-point rate cut is being priced in as early as March, growing to over 34% in June and July.
On the political front, the U.S. Senate on Tuesday took a step forward on a bipartisan bill to stop a government shutdown on Sunday, while the House sought to push ahead with a Republican-backed measure. The current partisan gridlock has begun to darken Wall Street's view of U.S. government credit.
Among single stocks, Rivian Automotive (RIVN.O) gained 1.1% on plans to use subscription models for monetizing various features in cars.
Costco (COST.O) dipped 2% even though the wholesale retailer reported better-than-expected fourth-quarter results, with analysts pinning the fall on broader market concerns.