Equity Markets Rise as Investors Weigh Fed Official's Remarks
Equity Markets Rise as Investors Weigh Fed Official's Remarks
US benchmark equity indexes closed higher Monday as markets assessed comments by a Federal Reserve official.
由於市場評估了聯儲局官員的言論，美國基準股指週一收高。
The Nasdaq Composite rose 1.2% to 16,349.3, while the S&P 500 gained 1% to 5,180.7. The Dow Jones Industrial Average advanced 0.5% to 38,852.3. Technology jumped 1.5%, the best sector performer, followed by communication services' 1.4% gain.
納斯達克綜合指數上漲1.2％，至16,349.3點，而標準普爾500指數上漲1％，至5,180.7點。道瓊斯工業平均指數上漲0.5％，至38,852.3。科技股上漲1.5％，表現最好，其次是通信服務業的1.4％。
Richmond Fed President Tom Barkin said policymakers likely have time to gain confidence that inflation is moving sustainably toward their 2% goal, as the labor market remains strong. "Despite my concerns about demand and inflation, I am optimistic that today's restrictive level of rates can take the edge off demand in order to bring inflation back to our target."
里士滿聯儲主席湯姆·巴金表示，由於勞動力市場仍然強勁，決策者可能有時間對通貨膨脹率持續朝着2％的目標邁進信心。“儘管我對需求和通貨膨脹感到擔憂，但我樂觀地認爲，今天的限制性利率水平可以抑制需求，從而使通貨膨脹恢復到我們的目標。”
Last week, the central bank's Federal Open Market Committee left interest rates unchanged for its sixth consecutive meeting, saying there's been "a lack of further progress" in bringing inflation down in recent months. The central bank's FOMC tightened monetary policy by 525 basis points from March 2022 through July 2023 to combat inflation.
上週，央行聯邦公開市場委員會連續第六次會議維持利率不變，稱近幾個月來在降低通貨膨脹方面 “缺乏進一步進展”。從2022年3月到2023年7月，央行的聯邦公開市場委員會將貨幣政策收緊了525個點子，以對抗通貨膨脹。
The US two-year yield rose 2.7 basis points to 4.83% Monday, while the 10-year rate fell 1.1 basis points to 4.49%.
週一，美國兩年期國債收益率上漲2.7個點子至4.83％，而10年期國債收益率下降1.1個點子至4.49％。
In company news, American Airlines Group (AAL) shares surged 5.8%, the second-top gainer on the S&P 500, as Bernstein adjusted its price target on the stock to $22 from $21.
在公司新聞方面，美國航空集團（AAL）股價飆升5.8％，是標準普爾500指數的第二大漲幅，原因是伯恩斯坦將該股的目標股價從21美元調整至22美元。
Micron Technology (MU) was the best performer on the Nasdaq and among the best on the S&P 500, up 4.7%, after Baird upgraded the stock to outperform from neutral and adjusted its price target to $150 from $115.
美光科技（MU）是納斯達克表現最好的股票，也是標準普爾500指數中表現最好的股票，上漲4.7％，此前貝爾德將該股從中性上調至跑贏大盤，並將目標股價從115美元調整至150美元。
Tyson Foods (TSN) swung to a fiscal second-quarter profit year over year despite a surprise decline in revenue, while the meat processor reiterated its outlook for flat sales in 2024. The company's shares slid 5.7%, the steepest decliner on the S&P 500.
儘管收入出人意料地下降，泰森食品（TSN）第二財季仍實現同比盈利，而這家肉類加工商重申了其2024年銷售持平的前景。該公司的股價下跌了5.7％，是標準普爾500指數中跌幅最大的股票。
Overall, roughly 80% of S&P 500 companies have logged their latest quarterly financial results in the current reporting cycle, with earnings up 5% year over year on the back of 4.2% growth in revenue, Oppenheimer Asset Management said in a note.
奧本海默資產管理在一份報告中表示，總體而言，大約80％的標準普爾500指數公司在本報告週期中公佈了最新的季度財務業績，在收入增長4.2％的背景下，收益同比增長了5％。
Walt Disney (DIS), Uber Technologies (UBER), Airbnb (ABNB), Warner Bros. Discovery (WBD), and Constellation Energy (CEG) are among the major companies scheduled to report results later this week.
沃爾特·迪斯尼（DIS）、優步科技（UBER）、愛彼迎（ABNB）、華納兄弟探索號（WBD）和星座能源（CEG）是計劃在本週晚些時候公佈業績的主要公司。
West Texas Intermediate crude oil rose 0.7% to $78.62 per barrel Monday.
週一，西德克薩斯中質原油價格上漲0.7％，至每桶78.62美元。
In economic news, consumer expectations regarding home price growth over the next year rebounded to the second highest level on record in February, while concerns about rising mortgage rates intensified, the New York Fed said.
紐約聯儲表示，在經濟新聞方面，消費者對明年房價增長的預期在2月份回升至有記錄以來的第二高水平，而對抵押貸款利率上升的擔憂加劇。
Gold rose 1.1% to $2,333.90 per troy ounce, while silver jumped 3.7% to $27.68 per ounce.
金價上漲1.1％，至每金衡盎司2,333.90美元，而白銀上漲3.7％，至每盎司27.68美元。