S&P 500, Gold Strike All-Time Highs After Fed Cuts Rates For First Time In 4 Years, Stocks Climb
S&P 500, Gold Strike All-Time Highs After Fed Cuts Rates For First Time In 4 Years, Stocks Climb
The Markets are bouncing Wednesday afternoon following the Federal Reserve's decision to cut rates by 0.5%, marking the beginning of the central bank's highly anticipated cutting cycle.
聯儲局下調0.5%的利率決定，標誌着央行備受期待的減息週期的開始，週三下午市場出現反彈。
What To Know: Wednesday's 0.5% rate cut brings the target fed funds rate to a new range between 4.75% and 5%, down from a 23-year high of 5.25% to 5.5%. It's also the first rate cut since March 2020.
要了解的內容：週三下調0.5%的利率將目標聯邦基金利率降至4.75%至5%的新區間，較最高水平的5.25%至5.5%的23年紀錄下跌，這也是自2020年3月以來的首次減息。
The fed funds rate has been sitting at a range between 5.25% and 5.5% since the central bank last hiked in July 2023.
自央行在2023年7月最後一次加息以來，聯邦基金利率一直維持在5.25%至5.5%的區間內。
The SPDR S&P 500 (NYSE:SPY), which tracks the S&P 500 index, was up 0.39% at last check, led higher by a variety of names like Arm Holdings Plc (NASDAQ:ARM), The Trade Desk Inc (NASDAQ:TTD) Toyota Motor Corp (NYSE:TM), General Motors Co (NYSE:GM) and Marriott International (NASDAQ:MAR).
標普500指數跟蹤的SPDR標普500 (NYSE:SPY) 指數基金，在最近一輪查詢中上漲0.39%，由如 Arm Holdings Plc (NASDAQ:ARM), The Trade Desk Inc (NASDAQ:TTD), 豐田汽車公司 (NYSE:TM), 通用汽車公司 (NYSE:GM) 和萬豪國際 (NASDAQ:MAR) 等多隻股票帶動上漲。
The materials sector, as tracked by the Materials Select Sector SPDR Fund (NYSE:XLB), was showing the most strength at the time of writing, climbing approximately 0.6% following the Fed decision. The energy sector, tracked by the Energy Select Sector SPDR Fund (NYSE:XLE), was the weakest, down 0.3% following the rate cut. Energy stocks had performed well on Wednesday ahead of the Fed decision, which may explain some of the relative weakness in afternoon trading.
材料板塊，即材料選擇板塊 SPDR 基金 (NYSE:XLB)，在文中所述時間段內表現最強，漲幅約爲0.6%，此前能源選擇板塊，即能源選擇板塊 SPDR 基金 (NYSE:XLE)，在減息後下跌了0.3%。週三，能源股在央行決策公佈前表現良好，這可能解釋了午後交易的相對疲軟。
Here's a look at how various ETFs tracking the price-weighted Dow Jones Industrial Average, tech stocks, small caps, treasuries and gold are faring following the Fed's latest move.
以下是關注聯儲最新動向後，追蹤基於價格加權的道瓊斯工業平均指數、科技股、小市值股、國債和黃金的各種ETF的表現。
- SPDR Dow Jones Industrial Average ETF (NYSE:DIA): up 0.38% at $418.87.
- SPDR道瓊斯工業平均指數ETF (NYSE:DIA)：上漲0.38%至418.87美元。
- Invesco QQQ Trust (NASDAQ:QQQ): up 0.64% at $476.53.
- 納指100ETF-Invesco QQQ Trust (NASDAQ:QQQ)：上漲0.64%至476.53美元。
- IShares Russell 2000 ETF (NYSE:IWM): up 1.62% at $222.90.
- 納斯達克:石巖羅素2000指數etf(紐交所:iwm)：上漲1.62%，報$222.90。
- IShares 20+ Year Treasury Bond ETF (NASDAQ:TLT): down 0.39% at $100.45.
- 納斯達克:石巖20+年期國債etf(納斯達克:tlr)：下跌0.39%，報$100.45。
- SPDR Gold Trust (NYSE:GLD): up 1.01% at $239.75.
- 紐交所:spdr金etf(gld)：上漲1.01%，報$239.75。
It's also worth noting that crypto markets are volatile following the Fed decision on rates. Bitcoin (CRYPTO: BTC) was down 0.86% over a 24-hour period, trading at $60,480, but well off its lows for the day, and Ethereum (CRYPTO: ETH) was down 1.79% at $2,322.
值得注意的是，在聯儲局基準利率決定後，加密市場的波動性較大。比特幣(BTC)在24小時內下跌0.86%，交易價格爲$60,480，但遠低於當天的低點，以太幣(ETH)下跌1.79%，報$2,322。
The increased volatility is likely a result of uncertainty heading into the meeting. According to CME's FedWatch tool, the market was projecting a 61% chance of a larger 0.5% rate cut heading into the meeting versus a 39% chance of a smaller 0.25% cut.
這種增加的波動性很可能是會議前的不確定性帶來的結果。根據cme的FedWatch工具，市場預計在會議中有61%的機會減息0.5%，而只有39%的機會減息0.25%。
As reported by Benzinga, the updated quarterly Dot Plot, which helps signal the Fed's future policy intentions, indicates a more aggressive path for rate cuts than previously projected following Wednesday's 0.5% cut. The median projection now calls for a total of 1% in rate cuts in 2024.
根據Benzinga的報道，更新後的季度點圖有助於預示聯儲局未來的政策意圖，在週三的0.5%減息之後，顯示出了比以前更爲積極的減息路徑。中位數預測現在呼籲在2024年減息總額爲1%。
SPY Price Action: At the time of publication, the SPDR S&P 500 was up 0.39%, trading at $565.30, according to Benzinga Pro.
SPY：航拍SPDR標準普爾500指數etf(PRO)顯示，截至發稿時，SPDR標準普爾500指數etf上漲0.39%，報$565.30。
- 10 ETFs Investors Secretly Bought Before The Fed's Make-Or-Break Interest Rate Call
- 投資者在央行的決定性利率看漲之前祕密購買的10個ETFs
Watch Fed Chair Jerome Powell's press conference here:
觀看聯儲局主席傑羅姆·鮑威爾的新聞發佈會請點擊這裏：
This illustration was generated using artificial intelligence via Midjourney.
此插圖是通過Midjourney使用人工智能生成的。
