Dow, Market Pulls Back After Rate Cut But Lower Guidance for 2025
Dow, Market Pulls Back After Rate Cut But Lower Guidance for 2025
After falling into correction territory, The Dow reversed its gains for the day after the FOMC released a decision to cut target rates by 25 basis points.
道瓊斯指數在當天反轉了其漲幅， 聯邦公開市場委員會 發佈了將目標利率削減25個點子的決定。
The rate cut was expected, but the Fed's dot plot and economic projection were worse than last time: the committee only expects two cuts next year and a PCE inflation rate to fall to 2.5% by the end of 2025, instead of the previously hoped for 2.1%.
此次減息是預期中的，但聯儲局的點陣圖和經濟預測比上次更差：委員會預計明年僅會有兩次減息，個人消費支出(PCE)通脹率預計到2025年底將降至2.5%，而之前希望降至2.1%。
After the news, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.48%, the $Nasdaq Composite Index (.IXIC.US)$ fell 0.44%, and the $S&P 500 Index (.SPX.US)$ fell 0.45%.
在資訊發佈後， $道瓊斯指數 (.DJI.US)$ 下跌了0.48%， $納斯達克綜合指數 (.IXIC.US)$ 下跌了0.44%，而 $標普500指數 (.SPX.US)$ 下跌了0.45%。
After falling into correction territory, $NVIDIA (NVDA.US)$ has turned things around and is trading 3% higher. $Broadcom Inc (AVGO.CA)$ fell 4.25%.
在陷入調整區域後， $英偉達 (NVDA.US)$ 已經扭轉局面，交易上漲了3%。 $Broadcom Inc (AVGO.CA)$ 下跌了4.25%。
In other stock news, $Nissan Motor (ADR) (NSANY.US)$ shares jumped more than 20% on news of a possible merger with $Honda Motor (HMC.US)$ . Honda shares are off 2.6%.
在其他股票新聞中， $日產汽車(ADR) (NSANY.US)$ 在有關可能合併的資訊中，股價上漲超過20%。 $本田汽車 (HMC.US)$ 本田的股價下跌了2.6%。
