Wall Street Aims For Fifth Straight Gain, Small Caps Soar As 2-Year Yields Hit 2-Year Lows, Adobe Sinks: What's Driving Markets Friday?
Wall Street Aims For Fifth Straight Gain, Small Caps Soar As 2-Year Yields Hit 2-Year Lows, Adobe Sinks: What's Driving Markets Friday?
A large overnight bet by a trader on a 50-basis-point Fed rate cut sent the 2-year Treasury yield down by 7 basis points to 3.58%. This puts it on track to close at its lowest level since September 12, 2022. Wall Street is experiencing a risk-on session Friday, with all sectors of the S&P 500 index trading in the green as traders are energized by the now-imminent Federal Reserve rate cut, expected in less than a week.
华尔街正在经历一个风险性投资的交易日，标准普尔500指数的所有板块都在大涨，交易员们因即将到来的美联储降息而充满活力，降息预计在不到一周的时间内实施。
Both the S&P 500 and Nasdaq 100 are on track for their fifth consecutive session of gains, pushing their weekly performances to 4% and 5.7%, respectively, and fully recouping last week's losses.
标准普尔500指数和纳斯达克100指数正迈向它们连续第五个交易日的盈利，推动它们的每周表现分别达到4%和5.7%，完全弥补了上周的损失。
Friday saw small-cap stocks build significant momentum, once again outperforming their large-cap counterparts amid the euphoria over the anticipated Fed rate cuts.
星期五，小盘股再次表现强劲，一如既往地在广受期待的美联储降息的狂热情绪中，超越了大盘股。
A large overnight bet by a trader on a 50-basis-point Fed rate cut sent the 2-year Treasury yield down by 7 basis points to 3.58%. This puts it on track to close at its lowest level since September 12, 2022.
一位交易员对50个基点的美联储降息下重注，使得2年期国债收益率下降了7个基点，至3.58%。这使得它有望收于2022年9月12日以来的最低水平。
Market-implied probabilities for a half-point cut surged to as high as 43%, according to CME FedWatch data.
根据CME FedWatch数据，市场对半个百分点降息的概率飙升至最高43%。
Gold, as tracked by the SPDR Gold Trust (NYSE:GLD), continues to extend its historic highs, rising by 1%. Meanwhile, silver has roared ahead with a 3.3% gain, bringing its weekly performance to a stunning 16%, marking its best week since April 2020.
黄金，由SPDR金ETF跟踪（纽交所代码：GLD），持续刷新历史高点，上涨了1%。与此同时，白银大涨3.3%，使其每周表现惊人地达到了16%，创下自2020年4月以来的最佳表现。
The rally in precious metals has been a boon for miners. The VanEck Gold Miners ETF (NYSE:GDX) has extended its weekly gains beyond 10%, its best performance since March 2023.
贵金属的上涨对矿工们来说是一个福音。VanEck黄金矿业ETF（纽交所代码：GDX）的每周涨幅已超过10%，是自2023年3月以来的最佳表现。
Oil prices are cooling off, slipping by 0.4% after Thursday's sharp rally. In the cryptocurrency market, Bitcoin gained 2.2%, climbing to $59,400 and is on track to close at its highest level since late August.
原油价格正在冷却，周四的大涨后下跌了0.4%。在加密货币市场上，比特币上涨了2.2%，达到了59400美元，并有望收于自8月底以来的最高水平。
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 |
| Russell 2000 | 2,182.68 | 2.4% |
| Dow Jones | 41,355.75 | 0.6% |
| S&P 500 | 5,620.96 | 0.5% |
| Nasdaq 100 | 19,484.48 | 0.3% |
| 主要指数 | 价格 | 1天%涨幅 |
| Russell 2000 | 2,182.68 | 2.4% |
| 道琼斯 | 41,355.75 | 0.6% |
| S&P 500 | 5,620.96 | 0.5% |
| 纳斯达克100 | 19,484.48 | 0.3% |
According to Benzinga Pro data:
SPDR标普500ETF信托（NYSE：SPY）下跌0.6％至524.01美元。
- The SPDR S&P 500 ETF Trust (NYSE:SPY) was 0.4% higher to $561.37.
- The SPDR Dow Jones Industrial Average (NYSE:DIA) rose 0.7% to $414.78.
- The tech-heavy Invesco QQQ Trust Series (NASDAQ:QQQ) inched 0.2% higher to $474.18.
- The iShares Russell 2000 ETF (NYSE:IWM) rallied 2.4% to $216.84.
- Both the Utilities Select Sector SPDR Fund (NYSE:XLU) and the Materials Select Sector SPDR Fund (NYSE:XLB) outperformed, up 1.2%. The Technology Select Sector SPDR Fund (NYSE:XLRE) showed the smallest gains, up 0.3%.
- 标普500ETF信托基金（纽交所：SPY）上涨0.4%，至561.37美元。
- 道琼斯工业平均指数etf-spdr（纽交所：DIA）上涨0.7%，至414.78美元。
- 科技股密集型纳斯达克100etf-invesco qqq trust series（纳斯达克：QQQ）微涨0.2%，至474.18美元。
- ishares罗素2000指数etf（纽交所：IWM）上涨2.4%，至216.84美元。
- 公用事业精选行业指数etf-spdr（纽交所：XLU）和材料精选行业指数etf-spdr（纽交所：XLB）均表现强劲，上涨了1.2%。科技行业精选指数etf-spdr（纽交所：XLRE）增幅最小，上涨0.3%。
Friday's Stock Movers
周五的股票封板
- Adobe Inc. (NASDAQ:ADBE) fell over 9%, despite reporting better-than-expected results last quarter, as revenue guidance missed forecasts.
- Boeing Inc. (NYSE:BA) dropped 3.8% after 33,000 union workers launched a strike on Friday, rejecting the company's proposed four-year contract amid ongoing challenges at the aircraft manufacturer.
- United Airlines Holdings, Inc. (NASDAQ:UAL) gained nearly 2% after announcing an agreement with SpaceX to equip its fleet with Starlink's high-speed Wi-Fi service.
- Warner Bros Discovery Inc. (NASDAQ:WBD) rose over 9%, on track for the strongest 2-day rally since 2008, after announcing a multi-year partnership with Charter Communications Inc. (NYSE:CHTR).
- Garmin Ltd. (NYSE:GRMN) dropped more than 6% after Barclays downgraded the stock from 'Equal-Weight' to 'Underweight' and slashed the price target from $181 to $133 per share.
- 尽管上个季度的业绩超出预期，但Adobe Inc.（纳斯达克：ADBE）下跌了9%以上，因为营收预测未达预期。
- 波音公司（纽交所：BA）下跌了3.8%，因为周五有33,000名工会工人发起罢工，拒绝了公司提出的为期四年的合同，并且这家飞机制造商面临着持续的挑战。
- 联合大陆航空控股有限公司（纳斯达克：UAL）宣布与spacex达成协议，为其机队配备Starlink高速Wi-Fi服务，股价上涨近2%。
- Warner Bros Discovery Inc.（纳斯达克：WBD）上涨超过9%，跟踪股价势头，自2008年以来表现最强劲的2天涨幅，此前宣布与特许通讯公司（纽交所：CHTR）达成了多年合作伙伴关系。
- Barclays将Garmin Ltd.（纽交所：GRMN）的股票评级从'Equal-Weight'下调至'Underweight'，并将目标价下调至每股133美元，导致股价下跌超过6%。
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Image created using artificial intelligence via Midjourney.
图像由Midjourney通过人工智能创建。
