US Economy Roars In Q2, Dow Jones Smashes Records, Nvidia Fails To Amaze: This Week In The Market
US Economy Roars In Q2, Dow Jones Smashes Records, Nvidia Fails To Amaze: This Week In The Market
August ended with a strong rebound in Wall Street's major indices, reversing the early month market selloff as robust economic data dispelled recession fears.
8月底,華爾街主要指數強勁反彈,扭轉了早些時候的市場拋售,因爲強勁的經濟數據驅散了衰退的擔憂。
The U.S. economy roared at an annualized growth rate of 3% in the second quarter, surpassing earlier estimates of 2.8% and more than doubling the pace recorded in the first quarter. This marked the eighth consecutive quarter of expansion, bolstered by a substantial upward revision in consumer spending.
美國經濟在第二季度以3%的年化增長率猛增,超過了先前預計的2.8%,增速是第一季度的兩倍多。這標誌着連續第八個季度的擴張,得益於對消費支出的大幅上調。
The health of household finances was further underscored by stronger-than-expected acceleration in personal spending and income in July.
7月份個人支出和收入的更強勁增速進一步突顯了家庭財務健康狀況。
The Federal Reserve's preferred inflation gauge plateaued after three straight months of decline, yet it fell short of the anticipated uptick, paving the way for a September interest rate cut.
聯儲局偏愛的通脹指標在連續三個月的下降之後出現了平台期,但仍未達到預期的回升,爲9月的減息鋪平了道路。
The Dow Jones Industrial Average, as tracked SPDR Dow Jones Industrial Average ETF (NYSE:DIA), notched fresh all-time highs, while the S&P 500 index inched closer to its previous July peak.
道瓊斯工業平均指數,由SPDR道瓊斯工業平均指數etf(NYSE:DIA)跟蹤,刷新了歷史最高水平,而標準普爾500指數也接近7月份的峯值。
The positive market momentum persisted despite Nvidia Corp. (NASDAQ:NVDA)'s much-hyped quarterly earnings — the most anticipated event of the week— failing to impress investors with heightened expectations.
儘管英偉達公司(NASDAQ:NVDA)備受期待的季度業績表現不佳,成爲該周最受期待的事件,但積極的市場勢頭仍然持續,未能滿足投資者提高的預期。
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Berkshire's $1-Trillion Milestone
伯克希爾的1萬億里程碑
Warren Buffett celebrated his 94th birthday the same week that his company Berkshire Hathaway Inc. (NYSE:BRK) hit a $1-trillion market cap. The achievement underscores Buffett's legendary investment acumen, solidifying his legacy as one of the most successful investors of all time.
禾倫•巴菲特在他94歲生日的同一周,其公司伯克希爾·哈撒韋股份有限公司(NYSE:BRK)市值達到了1萬億美元。這一成就凸顯了巴菲特傳奇的投資才能,鞏固了他作爲歷史上最成功的投資者之一的地位。
EV Sales Slow
電動汽車銷售放緩
U.S. electric vehicle sales in 2024 are projected to reach only 9% of the market, down from the previously estimated 12%, according to J.D. Power. The slowdown is attributed to increased competition from gasoline-powered vehicles and delays in new EV models from major Detroit automakers like Ford Motor Co. (NYSE:F) and General Motors (NYSE:GM).
據J.D. Power的數據,2024年美國的電動汽車銷量預計只佔到市場的9%,低於之前的預計12%。銷量的減緩歸因於來自燃油汽車的競爭加劇以及底特律主要汽車製造商福特汽車公司(NYSE:F)和通用汽車(NYSE:GM)推出新款電動汽車的延遲。
Real Estate Inflows
房地產資金流入
Investors have poured $2.2 billion into five real estate ETFs, anticipating potential Federal Reserve rate cuts. This influx highlights growing investor confidence in the sector, as lower rates are expected to boost housing demand and provide attractive returns in the evolving economic landscape.
投資者已經向五隻房地產etf注入了2200萬美元,預計聯邦儲備理事會將進行減息。這一資金流入凸顯了投資者對該行業的信心增強,因爲預計減息將提振住房需求,並在不斷變化的經濟格局中提供有吸引力的回報。
Homebuyers Pressure Builders
購房者對建築商施加壓力
Homebuyers are exerting pressure on builders, as mortgage rates are projected to decline. With falling rates in sight, buyers are negotiating harder, expecting better deals on new homes as the market adjusts to the anticipated shift in borrowing costs.
隨着按揭利率預計下降,購房者對建築商施加壓力。在利率下降的預期下,購房者正在更加嚴謹地磋商,期望在市場適應預期的借貸成本變化時能獲得更好的購房交易。
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