Fed Meeting Minutes Drag Equity Markets
Fed Meeting Minutes Drag Equity Markets
US benchmark equity indexes fell Wednesday after minutes from the Federal Reserve's May policy meeting indicated concerns among participants regarding a lack of progress on their inflation target.
美國基準股指週三下跌，此前聯儲局5月政策會議紀要顯示，與會者對通脹目標缺乏進展感到擔憂。
The Dow Jones Industrial Average slipped 0.5% to 39,671. The S&P 500 dropped 0.3% to 5,307, while the Nasdaq Composite lost 0.2% to 16,801.5, both retreating from their record closing levels on Tuesday. Among sectors, energy and utilities saw the steepest declines, while health care led the gainers.
道瓊斯工業平均指數下跌0.5％，至39,671點。標準普爾500指數下跌0.3％，至5,307點，而納斯達克綜合指數下跌0.2％，至16,801.5點，均從週二創紀錄的收盤水平回落。在各板塊中，能源和公用事業跌幅最大，而醫療保健板塊漲幅最大。
Members of the central bank's Federal Open Market Committee indicated earlier this month that the disinflation process was expected to take longer than previously thought, minutes from the committee's April 30-May 1 meeting showed Wednesday.
央行聯邦公開市場委員會成員本月早些時候表示，該委員會4月30日至5月1日的會議紀要顯示，預計反通貨膨脹過程將比先前想象的要長。
"Participants discussed maintaining the current restrictive policy stance for longer should inflation not show signs of moving sustainably toward 2% or reducing policy restraint in the event of an unexpected weakening in labor market conditions," the meeting minutes showed. "Various participants mentioned a willingness to tighten policy further should risks to inflation materialize in a way that such an action became appropriate."
會議紀要顯示：“與會者討論瞭如果通貨膨脹率沒有持續向2％上升的跡象，或者在勞動力市場狀況意外疲軟的情況下減少政策限制，則將維持目前的限制性政策立場更長時間。”“許多與會者提到，如果通貨膨脹風險以適當的方式出現，他們願意進一步收緊政策。”
At the meeting, the FOMC decided to leave its benchmark lending rate unchanged at 5.25% to 5.50% for the sixth straight time and said there's been "a lack of further progress" in bringing inflation down in recent months.
在會議上，聯邦公開市場委員會決定連續第六次將基準貸款利率維持在5.25％至5.50％不變，並表示最近幾個月在降低通貨膨脹方面 “缺乏進一步進展”。
The US two-year yield rose four basis points to 4.87% Wednesday, while the 10-year rate gained 1.2 basis points to 4.43%.
週三，美國兩年期國債收益率上漲四個點子至4.87％，而10年期國債收益率上漲1.2個點子至4.43％。
In company news, Target's (TGT) fiscal Q1 earnings unexpectedly declined, while the retailer issued a downbeat bottom-line guidance at the midpoint for the ongoing three-month period. The company's shares tumbled 8%, the worst performer on the S&P 500.
在公司新聞方面，塔吉特（TGT）第一財季的收益出人意料地下降，而該零售商則在持續三個月的中點發布了悲觀的底線指引。該公司的股價下跌了8％，是標準普爾500指數中表現最差的。
Lululemon Athletica (LULU) shares dropped 7%, the steepest decline on the Nasdaq and the second-worst on the S&P 500. The athletic apparel maker said late Tuesday that Jonathan Cheung, global creative director, will drive its product design and innovation roadmap, following the departure of Chief Product Officer Sun Choe.
Lululemon Athletica（LULU）股價下跌了7％，是納斯達克指數跌幅最大的股票，也是標準普爾500指數第二差的跌幅。這家運動服裝製造商週二晚間表示，在首席產品官Sun Choe離職後，全球創意總監Jonathan Cheung將推動其產品設計和創新路線圖。
Analog Devices (ADI) was among the top gainers on the S&P 500 and the Nasdaq, up nearly 11%, following price target hikes by Piper Sandler and several others.
繼派珀·桑德勒和其他幾家公司上調目標股價之後，ADI（ADI）是標準普爾500指數和納斯達克指數漲幅最大的股之一，上漲了近11％。
West Texas Intermediate crude oil fell 1.7% to $77.32 per barrel Wednesday.
週三，西德克薩斯中質原油價格下跌1.7％，至每桶77.32美元。
Commercial crude stockpiles in the US increased by 1.8 million barrels to 458.8 million barrels through the week ended May 17, the Energy Information Administration said. The consensus estimate on Bloomberg was for a draw of 2 million barrels.
美國能源信息管理局表示，截至5月17日的一週，美國的商業原油庫存增加了180萬桶，至4.588億桶。彭博社的共識估計是抽油200萬桶。
In economic news, US existing home sales unexpectedly fell last month as home prices reached a new record high and mortgage rates climbed back over 7%, data from the National Association of Realtors showed.
在經濟新聞方面，全國房地產經紀人協會的數據顯示，由於房價創下歷史新高，抵押貸款利率回升至7％以上，上個月美國現有房屋銷售出人意料地下降。
Mortgage applications in the US continued their upward trend as the 30-year fixed rate on conforming loan balances declined to its lowest level in seven weeks, the Mortgage Bankers Association said.
抵押銀行家協會表示，由於符合條件的貸款餘額的30年期固定利率降至七週來的最低水平，美國的抵押貸款申請繼續呈上升趨勢。
Gold slipped 1.8% to $2,382.90 per troy ounce, while silver slumped 3.1% to $31.08 per ounce.
金價下跌1.8％，至每金衡盎司2382.90美元，而白銀下跌3.1％，至每盎司31.08美元。
譯文內容由第三人軟體翻譯。