Wall Street Reacts To Hot Jobs Report: Stocks Swing As Traders Abandon July Rate Cut Hopes
Wall Street Reacts To Hot Jobs Report: Stocks Swing As Traders Abandon July Rate Cut Hopes
The May labor market report delivered hotter-than-expected numbers in terms of job gains and wage growth.
五月勞動力市場報告在就業增長和工資增長方面都提供了比預期更熱烈的數字。
Last month, U.S. employers added 272,000 nonfarm payrolls, a sharp increase from April's 165,000 and well above the expected 180,000.
上個月，美國僱主增加了272,000個非農就業崗位，較4月的165,000個大幅增加，並遠遠高於預期的180,000個。
Average hourly earnings witnessed a 4.1% year-on-year surge, up from an upwardly revised 4% in April, and above the expected 3.9%. On a monthly basis, earnings advanced at a 0.4% pace, accelerating from the previous 0.2%, and above the predicted 0.3%.
平均每小時工資出現了年度同比增長4.1％，高於4月修正後的4％，並超出了預期的3.9％。按月計，工資以0.4％的速度增長，加速了之前的0.2％，並超過預計的0.3％。
Overall, it was a hot jobs report on almost all fronts, except for a slight uptick in the unemployment rate from 3.9% to 4%.
總的來說，除了失業率從3.9％上升到4％之外，幾乎所有方面都是火熱的就業報告。
The market interpreted these data as the final nail in the coffin for the already slim chances of a potential rate cut in July. Fed futures now indicate cumulative cuts of less than 50 basis points – less than two 25 basis point cuts – by the end of the year.
市場將這些數據解讀爲已經很小的可能性在7月降息的最後一根稻草。 Fed期貨現在表明，到年底累計降幅不到50個點子 - 少於兩個25個點子的降息。
A solid and tight labor market indeed reduces the risks of a slowdown, which might have prompted the Fed to be more aggressive in cutting rates. Meanwhile, wage growth increases inflation risks, as demand from U.S. consumers is expected to remain strong.
實際上，堅實和緊張的勞動力市場減少了放緩的風險，這可能促使Fed更積極地降息。同時，工資增長增加了通脹風險，因爲預計美國消費者的需求將保持強勁。
Wall Street experienced a marginal decline following the report, with all major indices trading slightly in the red by 10:15 a.m. in New York.
隨後，華爾街經歷了微不足道的下跌，所有主要指數在紐約時間上午10:15略微下跌。
- The SPDR S&P 500 ETF Trust (NYSE:SPY) was 0.1% lower, according to Benzinga Pro data.
- The tech-heavy QQQ Invesco Trust (NASDAQ:QQQ) also eased 0.1%.
- Blue-chip stocks, as tracked by the SPDR Dow Jones Industrial Average ETF (NYSE:DIA), inched 0.1% higher.
- Small caps, as monitored through the iShares Russell 2000 ETF (NYSE:IWM), fell 0.6%.
- 據財經網站Benzinga Pro數據顯示，SPDR S＆P 500 ETF Trust（NYSE：SPY）下跌了0.1％。
- 以科技股爲重心的QQQ Invesco Trust（NASDAQ：QQQ）也下跌了0.1％。
- 由SPDR Dow Jones Industrial Average ETF（NYSE：DIA）跟蹤的藍籌股上漲了0.1％。
- 由iShares Russell 2000 ETF（NYSE：IWM）監測的小市值股票下跌了0.6％。
Sector-specific reactions were more bold. Interest-rate sensitive sectors such as real estate and materials underperformed, while financials and health care outperformed.
板塊反應更加明顯。感興趣的行業如房地產和材料表現不佳，而金融和醫療保健表現優異。
Here is an overview of the major stock movers – driven primarily by reactions to May's jobs report, rather than earnings reports.
以下是主要股票走勢的概述 - 這主要是由於五月份的就業報告而不是業績的反應。
Top 5 S&P 500 Gainers On Jobs Data
就業數據中標普500大贏家
| Name | Last | 1-day %chg |
| Air Products and Chemicals, Inc. (NYSE:APD) | 276.59 | 2.55% |
| United Rentals, Inc. (NYSE:URI) | 644.85 | 2.27% |
| Eli Lilly and Company (NYSE:LLY) | 852.23 | 1.78% |
| Hubbell Incorporated (NYSE:HUBB) | 372.44 | 1.78% |
| Automatic Data Processing, Inc. (NYSE:ADP) | 252.35 | 1.77% |
| 姓名 | 最後 | 1天%漲幅 |
| Air Products和Chemicals，Inc.（NYSE：APD） | 276.59 | 2.55% |
| United Rentals，Inc.（NYSE：URI） | 644.85 | 2.27% |
| Eli Lilly and Company（NYSE：LLY） | 852.23 | 1.78% |
| 哈勃集團（NYSE：HUBB） | 372.44 | 1.78% |
| 自動數據處理公司（NYSE：ADP） | 252.35 | 1.77% |
Top 5 S&P 500 Losers On Jobs Data
勞動力數據下S&P 500指數下跌的前5名
| Name | Last | 1-day %chg |
| Gen Digital Inc. (NASDAQ:GEN) | 24.00 | -5.68% |
| The Sherwin-Williams Company (NYSE:SHW) | 292.32 | -3.86% |
| Freeport-McMoRan Inc. (NYSE:FCX) | 49.47 | -3.48% |
| American Tower Corporation (NYSE:AMT) | 192.69 | -3.41% |
| Newmont Corporation (NYSE:NEM) | 41.18 | -3.11% |
| 姓名 | 最後 | 1天%漲幅 |
| Gen Digital Inc.（納斯達克：GEN） | 24.00 | -5.68% |
| 宣偉公司 (NYSE: SHW) | 292.32 | -3.86% |
| 麥克莫蘭銅金公司（NYSE：FCX） | 49.47 | -3.48% |
| 美國塔架公司（NYSE：AMT） | 192.69 | -3.41% |
| 紐曼礦業公司（NYSE：NEM） | 41.18 | -3.11% |
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立即閱讀：英偉達推動半導體行業市值達到5.5萬億美元，分析師稱這是更大的繁榮之始。
Image generated using artificial intelligence via Midjourney.
這張圖片是通過Midjourney使用人工智能生成的。
譯文內容由第三人軟體翻譯。