Wall Street Enjoys Late-Week Rally On Benign Inflation Data, Dow Jones Eyes Best Session Of 2024, Tech Unwinding Stalls: What's Driving Markets Friday?
Wall Street Enjoys Late-Week Rally On Benign Inflation Data, Dow Jones Eyes Best Session Of 2024, Tech Unwinding Stalls: What's Driving Markets Friday?
After a turbulent week in the markets, the bulls reclaimed dominance on Wall Street during Friday's session, with indices and sectors trading in positive territory as investors welcomed the latest corporate earnings results and further confirmation of inflation progressing toward the Fed's 2% target.
经历了动荡的一周之后，公牛继续在华尔街占据主导地位，指数和板块在周五交易中呈现积极态势，投资者欢迎最新的企业盈利结果和通胀进展逐渐接近美联储的2%目标。
In June, the Personal Consumption Expenditure price index – the Fed's preferred measure of inflation – dropped to 2.5% year-on-year, as anticipated, marking the lowest level since February 2021. Tthe core component slightly exceeded expectations, remaining steady at 2.6% annually.
6月份，个人消费支出价格指数——美联储偏好的通胀衡量指标——按预期同比下降到了2.5%，为2021年2月以来的最低水平。核心组成部分略高于预期，年度保持在2.6%。
Investors are unwavering in their expectations for a Fed interest rate cut in September, assigning it a 100% probability and factoring in nearly three cumulative rate cuts by year-end.
投资者对美联储9月份降息的期望是毫不动摇的，将其赋予了100%的概率，并将近期的三次累积降息计算在内。
The Dow Jones Industrial Average led the charge on Friday, with the blue-chip index surging 1.9%, setting the stage for its strongest session this year. The tech-heavy Nasdaq 100 rebounded significantly, climbing 1.6%, which halted the tech sector's decline but wasn't enough to reverse a negative weekly close.
道琼斯工业平均指数在周五领涨，蓝筹股指数大涨1.9%，为今年迄今为止的最强涨幅，科技股重点钦定的纳斯达克100指数大幅反弹，上涨1.6%，止住了科技板块的下跌趋势，但无法扭转周度下跌局面。
The Russell 2000, as tracked by the iShares Russell 2000 ETF (NYSE:IWM), also posted a solid gain of 1.3%.
由 iShares罗素2000指数etf (纽交所：IWM) 跟踪的罗素2000指数的涨幅也出色，上涨1.3%。
Rate-sensitive sectors continued their rally, with homebuilders, as tracked by the SPDR Homebuilders ETF (NYSE:XHB), rising over 3% for the day, reaching all-time highs and marking their third consecutive positive weekly close.
利率敏感型板块继续走强，房屋建筑商，由 SPDR房屋建筑商etf (纽交所：XHB) 追踪，上涨逾3%，达到历史新高并标志着其第三个连续正周线收盘。
In the bond market, Treasuries rose as yields dipped slightly, especially in longer-dated maturities.
在债券市场上，特别是在较长期限的债券中，国债上升，收益率微跌。
Gold also rallied, increasing by 1%, while oil prices dropped by 1%. Bitcoin (CRYPTO: BTC) rose 2.5%, marking its second consecutive positive session after three negative ones.
黄金也大涨，上涨1%，而油价下跌1%。比特币(CRYPTO：BTC)上涨2.5%，连续第二个正面交易日后经历了三个负面交易日。
Friday's Performance In Major US Indices, ETFs
主要美国指数和ETFs的周五表现。
| Major Indices | Price | 1-day %chg |
| Dow Jones | 40,712.07 | 1.9% |
| S&P 500 | 5,483.84 | 1.6% |
| Nasdaq 100 | 19,116.90 | 1.5% |
| Russell 2000 | 2,252.38 | 1.3% |
| 主要指数 | 价格 | 1天%涨幅 |
| 道琼斯 | 40,712.07 | 1.9% |
| S&P 500 | 5,483.84 | 1.6% |
| 纳斯达克100 | 19,116.90 | 1.5% |
| Russell 2000 | 2,252.38 | 1.3% |
According to Benzinga Pro data:
根据Benzinga Pro的数据：
- The SPDR S&P 500 ETF Trust (NYSE:SPY) was 1.5% higher to $546.75.
- The SPDR Dow Jones Industrial Average (NYSE:DIA) rose 2% to $407.34.
- The tech-heavy Invesco QQQ Trust (ARCA: QQQ) rose 1.5% to $465.21.
- Sector-wise, the Industrials Select Sector SPDR Fund (NYSE:XLI) outperformed, up by 2.3%, while the Energy Select Sector SPDR Fund (NYSE:XLE) lagged, up 0.5%.
- SPDR标普500etf信托基金 (纽交所:SPY) 上涨1.5%，报546.75美元。
- SPDR道琼斯工业平均etf (纽交所:DIA) 上涨2%，报407.34美元。
- 科技重点钦定的纳指100etf-Invesco QQQ trust (ARCA: QQQ) 上涨1.5%，报465.21美元。
- 以板块为单位，工业选择板块SPDR基金 (纽交所:XLI) 表现良好，上涨2.3%，而能源选择板块SPDR基金 (纽交所:XLE) 表现欠佳，仅上涨0.5%。
Friday's Stock Movers
周五的股票封板
Stocks moving on earnings were:
根据盈利情况股票动向是：
- 3M Company (NYSE:MMM), up 19%.
- Aon plc (NYSE:AON) up 6.4%.
- Avantor Inc. (NYSE:AVTR) up 12%.
- Barnes Group Inc. (NYSE:B), down 3%.
- BJ's Restaurants, Inc. (NASDAQ:BJRI), down 12%.
- Booz Allen Hamilton Holding Corp. (NYSE:BAH) down 10%.
- Boyd Gaming Corporation (NYSE:BYD), up 5.4%.
- Bristol-Myers Squibb Company (NYSE:BMY), up 9.7%.
- Centene Corp. (NYSE:CNC) up 9.8%.
- Charter Communications, Inc. (NASDAQ:CHTR) up 16.2%.
- Colgate-Palmolive Company (NYSE:CL) up 3.7%.
- Deckers Outdoor Corporation (NYSE:DECK) up 7.9%.
- DexCom, Inc. (NASDAQ:DXCM) down 42%.
- Franklin Resources Inc. (NYSE:BEN) up 1.9%.
- Juniper Networks, Inc. (NYSE:JNPR) flat.
- Mohawk Industries, Inc. (NYSE:MHK) up 19%.
- Newell Brands Inc. (NASDAQ:NWL) up 39%.
- Saia Inc. (NASDAQ:SAIA) down 20%.
- SkyWest, Inc. (NASDAQ:SKYW) down 6.5%.
- T. Rowe Price Group (NASDAQ:TROW) down 2.8%.
- VeriSign, Inc. (NASDAQ:VRSN) up 3.3%.
- 300万公司 (纽交所：MMM)，上涨19%。
- 怡安保险 (纽交所：AON)，上涨6.4%。
- Avantor股份有限公司 (纽交所：AVTR)，上涨12%。
- Barnes Group股份有限公司 (纽交所：B)，下跌3%。
- BJ餐厅公司（纳斯达克股票代码：BJRI）下跌了12%。
- 博思艾伦咨询公司（纽约证券交易所股票代码：BAH）下跌了10%。
- 博伊德赌场公司（纽约证券交易所股票代码：BYD）上涨了5.4%。
- 施贵宝公司（纽约证券交易所股票代码：BMY）上涨了9.7%。
- 森特内公司（纽约证券交易所股票代码：CNC）上涨了9.8%。
- 特许通讯公司（纳斯达克股票代码：CHTR）上涨了16.2%。
- 高露洁公司（纽约证券交易所股票代码：CL）上涨了3.7%。
- Deckers Outdoor公司（纽约证券交易所股票代码：DECK）上涨了7.9%。
- DexCom公司（纳斯达克股票代码：DXCM）下跌了42%。
- 富兰克林资源公司（纽约证券交易所股票代码：BEN）上涨了1.9%。
- 瞻博网络公司（纽约证券交易所股票代码：JNPR）持平。
- 莫霍克工业公司（纽约证券交易所股票代码：MHK）上涨了19%。
- 纽威尔品牌公司（纳斯达克股票代码：NWL）上涨了39%。
- saia公司（纳斯达克股票代码：SAIA）下跌了20%。
- SkyWest公司（纳斯达克股票代码：SKYW）下跌了6.5%。
- 普信集团（纳斯达克股票代码：TROW）下跌了2.8%。
- 维瑞信公司（纳斯达克股票代码：VRSN）上涨了3.3%。
Read Now:
立即阅读：
- Investors Go All In On Small Caps, Pour Over $6 Billion Into Russell 2000 ETF This Month: They 'Will Return To Larger-Cap Alternatives,' Veteran Analyst Says
- 投资者全力以赴投资小型股，本月向拉塞尔2000 etf流入60亿美元:退役分析师表示，他们将回归更大的股票选择。
Illustration via Shutterstock.
插图via shutterstock。