纳斯达克综合指数 (NASDAQ) 加自选

周四，随着投资者消化美联储的最新政策决定，美国股指期货上涨。美联储周三公布了普遍预期的25个基点的降息，同时暗示今年将再降息两次，但2026年只降息一次，这与市场对明年降息两三次的押注形成了鲜明对比。主席杰罗姆·鲍威尔（Jerome Powell）语气谨慎，称此举为“风险管理”。交易员现在转向即将公布的通胀和劳动力市场数据，以寻找未来政策路径的线索。在企业新闻方面，Cracker Barrel在第四季度收益低于预期后，在盘后交易中下跌了9%以上。周三交易时段，道琼斯指数上涨0.57%，标准普尔500指数下跌0.1%，纳斯达克指数下跌0.33%。就行业而言，金融、消费必需品和材料表现优异，而科技、工业和非必需消费品则落后。

US stock futures advanced on Thursday as investors digested the Federal Reserve’s latest policy decision. The Fed delivered a widely expected 25 basis point rate cut on Wednesday, while signaling two more reductions this year but only one in 2026, countering market bets on two or three cuts next year. Chair Jerome Powell struck a cautious tone, framing the move as “risk management.” Traders now turn to upcoming inflation and labor market data for clues on the future policy path. In corporate news, Cracker Barrel tumbled more than 9% in after-hours trade following weaker-than-expected fourth-quarter earnings. During Wednesday’s session, the Dow gained 0.57%, while the S&P 500 slipped 0.1% and the Nasdaq lost 0.33%. Sector-wise, financials, consumer staples and materials outperformed, whereas technology, industrials and consumer discretionary lagged.

香港央行跟随美联储举措下调利率。香港金融管理局周四将通过隔夜贴现窗口收取的基准利率下调25个基点，至4.50%，追随美国联邦储备委员会的举措。

Hong Kong central bank cuts interest rate, tracking Fed move.The Hong Kong Monetary Authority on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.50%, tracking a move by the U.S. Federal Reserve.

交易日：美联储降息，市场不确定该往哪里看。交易日

Trading Day: Fed cuts, markets not sure where to look.TRADING DAY

美国股市周三收盘涨跌互现，投资者在预期降息25个基点后权衡美联储的利率前景。标准普尔500指数和纳斯达克100指数分别下跌0.1%和0.3%，道琼斯指数上涨260点，受传统板块上涨的推动。联邦公开市场委员会的中值预测表明，今年将再降息两次，但强劲的增长、低失业率和核心通胀的上调引发了人们对2026年宽松步伐的怀疑。鲍威尔主席也表示谨慎，没有表示对进一步削减有信心。消费品和信贷服务表现优异，美国运通上涨2.8%，宝洁上涨1.4%，而科技股面临压力——英伟达和博通分别下跌2.5%和3.5%，因有报道称中国限制购买英伟达芯片。与此同时，甲骨文和Palantir下跌了1%，亚马逊、Meta、Alphabet和特斯拉下跌了1%以上。

Stocks in the US closed mixed on Wednesday as investors weighed the Federal Reserve’s rate outlook following the anticipated 25bps cut. The S&P 500 and Nasdaq 100 slipped 0.1% and 0.3%, while the Dow rose 260 points, driven by gains in traditional sectors. FOMC median projections suggest two more rate cuts this year, but strong growth, low unemployment, and upward revisions to core inflation raised doubts about the pace of easing in 2026. Chairman Powell also signaled caution, refraining from indicating confidence in further cuts. Consumer staples and credit services outperformed, with American Express up 2.8% and P&G adding 1.4%, while tech stocks faced pressure—Nvidia and Broadcom fell 2.5% and 3.5% amid reports of Chinese restrictions on Nvidia chip purchases. Meanwhile, Oracle and Palantir declined 1%, and Amazon, Meta, Alphabet, and Tesla dropped over 1%.