S&P 500, Nasdaq Set New Closing Records After Fed Chair Powell's Comments
S&P 500, Nasdaq Set New Closing Records After Fed Chair Powell's Comments
The S&P 500 and the Nasdaq Composite closed at new record highs Tuesday after Federal Reserve Chair Jerome Powell said inflation seems to have improved in recent months, though the job is not done yet.
聯邦儲備委員會主席傑羅姆·鮑威爾表示，儘管工作尚未完成，但通貨膨脹似乎在最近幾個月有所改善，標普500和納斯達克綜合指數週二收於創紀錄的新高。
The S&P 500 and the technology-heavy Nasdaq rose 0.1% each to 5,577 and 18,429.3, respectively. The Dow Jones Industrial Average fell 0.1% to 39,292. Financials led the gainers among sectors, while materials saw the steepest decline.
標普500指數和科技重量級納斯達克指數各上漲0.1％，分別報5577點和18429.3點。道瓊斯工業指數下跌0.1％，至39292點。金融板塊領漲，而材料板塊跌幅最大。
"More good (inflation) data would strengthen" the case for potential monetary policy easing in the US, Powell said in prepared remarks to the Senate Committee on Banking, Housing, and Urban Affairs.
鮑威爾在致銀行、住房和城市事務委員會的預備聲明中表示：“如有更多良好（通脹）數據的話，將會進一步強化”美國潛在貨幣政策調整的理由。
"The (Federal Open Market Committee) has stated that we do not expect it will be appropriate to reduce the target range for the federal funds rate until we have gained greater confidence that inflation is moving sustainably toward 2%," he said. Although first-quarter inflation data didn't support "such greater confidence," the most recent readings have indicated some modest further progress, Powell added.
他表示：“（聯邦公開市場委員會）已經表明，在我們獲得更大信心通脹正在可持續地朝着2%發展之前，我們不認爲將減少聯邦基金利率的目標範圍是適當的。”儘管第一季度的通脹數據沒有支持“這種更大信心”，但鮑威爾補充道，最近的數據表明有了一些適度的進展。
In a bid to tame inflation, the FOMC increased its benchmark lending rate by 525 basis points from March 2022 until July 2023, but has since kept interest rates unchanged, with its latest pause coming last month.
爲控制通貨膨脹，聯儲局委員會將其基準貸款利率從2022年3月至2023年7月提高了525個點子，但此後一直未改變利率，最近一次暫停爲上個月。
Powell is scheduled to appear before the House Financial Services Committee Wednesday.
鮑威爾將於週三出席國會金融服務委員會議。
The US 10-year yield rose 2.7 basis points to 4.30% Tuesday, while the two-year rate was little changed at 4.62%.
週二，美國10年期收益率上漲2.7個點子，至4.30％，而兩年期利率基本不變，爲4.62％。
In economic news, small business optimism in the US rose to its highest level this year in June, though inflation remained the most pressing problem for owners, according to the National Federation of Independent Business' latest survey.
根據全國獨立工商聯合會的最新調查，6月份美國小企業所有者的樂觀情緒達到了今年的最高水平，儘管通貨膨脹仍是業主們最緊迫的問題。
West Texas Intermediate crude oil dropped 0.9% to $81.58 per barrel.
西德克薩斯中質原油下跌0.9％，至每桶81.58美元。
In company news, Incyte (INCY) shares rose 4.4%, the best performer on the S&P 500, as RBC raised its price target on the stock to $61 from $60 while maintaining its sector perform rating.
因塞特股票上漲4.4％，表現最佳，RBC將其股票價格目標從60美元上調至61美元，但維持其板塊表現評級。
Albemarle (ALB) saw the steepest decline on the S&P 500, down 8.8%, as UBS, Oppenheimer and Baird cut their respective price targets on the stock.
美國雅保股票跌幅最大，下跌了8.8％，UBS、Oppenheimer和Baird各自下調了其股票價格目標。
Helen of Troy (HELE) reduced its full-year outlook after posting lower-than-expected fiscal Q1 results amid weak consumer demand. The consumer product company's shares plunged nearly 28%.
海倫特洛伊公司發佈了低於預期的第一季度業績，並且因消費者需求疲軟而降低了全年展望。消費品公司的股票價格大幅下跌近28％。
Gold increased 0.3% to $2,370.8 per troy ounce, while silver rose 0.6% to $31.09 per ounce.
黃金價格上漲0.3％，至每盎司2,370.8美元，而白銀價格上漲0.6％，至每盎司31.09美元。