US Equity Indexes Rise This Week as Sinking Payrolls Boost Rate Cut Outlook After Powell Pours Cold Water on Hikes
US Equity Indexes Rise This Week as Sinking Payrolls Boost Rate Cut Outlook After Powell Pours Cold Water on Hikes
US equity indexes rose this week as slumping nonfarm payrolls raised bets on policy easing shortly after Federal Reserve Chair Jerome Powell rejected the possibility of interest rate hikes.
在聯儲局主席傑羅姆·鮑威爾拒絕加息可能性後不久，非農就業人數暴跌引發了人們對放鬆政策的押注，美國股指本週上漲。
* The Dow Jones Industrial Average rose to 38,675.68 on Friday from 38,239.66 a week ago. The S&P 500 ended at 5,127.79, climbing from 5,099.66, and the Nasdaq closed at 16,156.33 compared with 15,927.90 a week prior.
* 週五，道瓊斯工業平均指數從一週前的38,239.66升至38,675.68點。標準普爾500指數收於5,127.79點，從5,099.66上漲；納斯達克指數收於16,156.33點，而一週前爲15,927.90點。
* On Wednesday, the Federal Open Market Committee left interest rates unchanged in the 5.25% to 5.5% range for the sixth consecutive meeting.
*週三，聯邦公開市場委員會連續第六次會議將利率維持在5.25％至5.5％區間不變。
* "The main flashes from the Fed last night was that while the FOMC made several hawkish tweaks, Powell signaled that rate hikes remained unlikely and the Fed announced a slightly-larger-than-expected slowing of [quantitative tightening]," Jim Reid, the head of global fundamental credit strategy at Deutsche Bank, said in a note Thursday. "It's hard to say it was a dovish meeting but given the recent inflation prints it could have been a lot more hawkish."
* 德意志銀行全球基本面信貸策略主管吉姆·裏德週四在一份報告中表示：“聯儲局昨晚的主要亮點是，儘管聯邦公開市場委員會做出了幾次鷹派調整，但鮑威爾表示加息的可能性仍然不大，聯儲局宣佈 [量化緊縮] 的放緩幅度略大於預期。”“很難說這是一次鴿派會議，但考慮到最近的通貨膨脹數據，會議可能會更加鷹派。”
* On Friday, a bearish jobs report landed. Nonfarm payrolls rose by 175,000 in April, below expectations for an increase of 240,000, following an upwardly revised 315,000 gain in March and a downwardly revised 236,000 increase in February. The unemployment rate rose to 3.9% from 3.8%. Average hourly earnings grew 0.2% versus 0.3% in March, slowing the year-over-year rate to 3.9% from 4.1%.
* 週五，一份看跌的就業報告出爐。繼3月份向上修正的增長31.5萬人和2月份向下修正的23.6萬人之後，4月份非農就業人數增加了17.5萬人，低於預期的24萬人。失業率從3.8％上升至3.9％。平均小時收入從3月份的0.3％增長了0.2％，同比增長率從4.1％放緩至3.9％。
* The probability of the Fed leaving interest rate unchanged in September fell to almost 33% from more than 38% the previous day and 43% a week ago, according to the CME Group's FedWatch Tool.
* 芝加哥商品交易所集團的FedWatch工具顯示，聯儲局9月份維持利率不變的可能性從前一天的38％以上和一週前的43％降至近33％。
* Technology was the strongest gainer on Friday. It was also among the top performers during the week, reflecting the push-and-pull going on in markets regarding the timing of the beginning of the Fed's easing cycle.
* 週五，科技股漲幅最大。它也是本週表現最好的股票之一，這反映了市場在聯儲局寬鬆週期開始時機方面的推拉。
* Corporate earnings also helped lift markets this week, including those from heavyweights Amazon.com (AMZN) and Apple (AAPL).
* 本週企業收益也幫助提振了市場，包括重量級人物亞馬遜（AMZN）和蘋果（AAPL）的業績。
譯文內容由第三人軟體翻譯。