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快讯 | 美国8月CPI同比增长3.4%符合市场预期 交易员上调美联储加息预期
US Aug. CPI YoY +3.4% Vs +3.4% Forecast, Prior +3.4%
Overnight US Stocks | US August CPI Accelerates; Major Indices Close Lower for the Week; WTI Crude Oil Surges Nearly 10%
At the close, the Dow Jones Industrial Average rose 509.19 points, or 0.98%, to 52,573.29; the S&P 500 Index gained 65.28 points, or 0.86%, to 7,656.98; and the Nasdaq Composite Index advanced 251.32 points, or 0.96%, to 26,333.04.
Top 20 by Trading Volume | Oracle surges 8% before turning lower; Micron Technology Taiwan plans to issue employee bonuses totaling millions of TWD; Starship test flight next week may generate revenue; iPhone Duo targets Asian market, with Cook citing ins
Micron Technology, the top-traded U.S. stock by turnover on Friday, closed down 0.22% with a trading volume of $21.197 billion. On Friday, Micron Technology announced that it would award bonuses to more than 60,000 employees worldwide, marking the highest payout in its history. Employees in the Taiwan region of China will receive total compensation equivalent to 35 to 68 months of salary.
U.S. Stock Market Close | August CPI data released; major indices surge 1%, ending four-day losing streak; Dell soars 12% to record high; Philadelphia Semiconductor Index rises 2%, with Marvell and Coherent up over 4%; oil prices retreat below $100
The S&P 500 Index rose 0.86% to close at 7,656.98, the Nasdaq Composite Index gained 0.96% to 26,333.04, and the Dow Jones Industrial Average advanced 0.98% to 52,573.29. WTI crude oil fell 2% to $100.44 per barrel, while Brent crude retreated nearly 3% from a four-month high but remained above $104. Long-term U.S. Treasury bonds outperformed short-term ones.
Cramer's Week Ahead: Falling Oil Could Help Stocks but Fed Is the Next Big Test
CNBC's Jim Cramer said falling oil prices helped fuel Friday's market rebound, but warned that renewed conflict in the Middle East could quickly reverse that relief. He said next week's Federal Reserve meeting will be the next test for stocks, with investors closely watching how longer-term Treasury yields respond to a potential rate hike.
Following the CPI release, investment banks are scrambling to revise their forecasts: the camp expecting no rate hikes this year has capitulated, while hawks are betting on three rate increases by January next year.
TD Securities has adopted the most hawkish stance, shifting from a forecast of unchanged rates for the full year to projecting three rate hikes by January next year. JPMorgan now expects one hike each in September and December, with a pause in October. MUFG anticipates a hike in September followed by a pause, with the highest probability (60%) of another hike in December. Citi forecasts a rate hike in September followed by an extended hold, with rate cuts resuming in June next year.