<p>美国股指期货在周二下跌，此前周一出现反弹。主要基准指数的期货均有所下滑。</p>
<p>周一，<strong>甲骨文公司</strong>（NYSE:ORCL）股价上涨超过 5%，<strong>英伟达公司</strong>（NASDAQ:NVDA）上涨近 3%。<strong>博通公司</strong>（NASDAQ:AVGO）在 OpenAI 承诺与该芯片制造商共同开发 10 千瓦定制 AI 加速器的 5000 亿美元投资后，股价飙升约 10%。</p>
<p>财政部长 <strong>斯科特·贝森特</strong> 表示，持续的政府停摆已经开始影响实际经济，并指责主流媒体 “淡化停摆” 以 “避免让民主党人尴尬”，进一步加剧了公众对局势严重性的理解。</p>
<p>与此同时，10 年期国债收益率为 4.01%，两年期国债收益率为 3.47%。CME 集团的 FedWatch 工具的预测显示，市场预计美联储在 10 月会议上降息的可能性为 97.8%。</p>
<p>跟踪标准普尔 500 指数和纳斯达克 100 指数的 <strong>SPDR S&amp;P 500 ETF Trust</strong>（NYSE:SPY）和 <strong>Invesco QQQ Trust ETF</strong>（NASDAQ:QQQ）在周二的盘前交易中下跌。根据 Benzinga Pro 的数据，SPY 下跌 0.67%，报 658.65 美元，而 QQQ 下跌 0.90%，报 596.62 美元。</p>
<h2><strong>关注股票</strong></h2>
<h2>高盛集团</h2>
<ul>
<li><strong>高盛集团公司</strong>（NYSE:GS）在开盘前下跌 0.61%。分析师预计每股收益为 11.00 美元，收入为 141 亿美元。</li>
</ul>
<ul>
<li>根据 <strong>Benzinga 的股票评级</strong>，GS 在短期、中期和长期内维持了较强的价格趋势，质量排名适中。更多表现细节请见此处。</li>
</ul>
<h2>摩根大通</h2>
<ul>
<li><strong>摩根大通公司</strong>（NYSE:JPM）在开盘前上涨 0.50%，分析师预计每股收益为 4.84 美元，收入为 453.9 亿美元。</li>
</ul>
<ul>
<li><strong>Benzinga 的股票评级</strong> 显示，摩根大通在短期、中期和长期内维持了较强的价格趋势，增长排名良好。更多表现细节请见此处。</li>
</ul>
<h2>强生公司</h2>
<ul>
<li><strong>强生公司</strong>（NYSE:JNJ）在开盘前下跌 0.23%。分析师预计每股收益为 2.75 美元，收入为 237.4 亿美元。</li>
</ul>
<ul>
<li>根据 <strong>Benzinga 的股票评级</strong>，JNJ 在短期、中期和长期内维持了较强的价格趋势，但价值排名较差。更多表现细节请见此处。</li>
</ul>
<h2>花旗集团</h2>
<ul>
<li><strong>花旗集团公司</strong>（NYSE:C）在开盘前上涨 0.44%，分析师预计每股收益为 1.90 美元，收入为 210.9 亿美元。</li>
</ul>
<ul>
<li><strong>Benzinga 的股票评级</strong> 显示，花旗集团在中期和长期内维持了较强的价格趋势，但短期内趋势较弱，增长排名适中。更多表现细节请见此处。</li>
</ul>
<h2>极星公司</h2>
<ul>
<li><strong>极星公司</strong>（NYSE:PII）股价上涨 10.98%，因其与独立私募股权公司 Carolwood LP 达成了出售印度摩托车大部分股份的最终协议。</li>
</ul>
<ul>
<li>根据 <strong>Benzinga 的股票评级</strong>，PII 在短期、中期和长期内维持了较强的价格趋势，但价值排名较差。更多表现细节请见此处。</li>
</ul>
<h2><strong>上个交易日的线索</strong></h2>
<p>信息技术、消费品和通信服务类股票在周一录得最大涨幅，推动标准普尔 500 指数大部分行业收盘走高。</p>
<p>然而，消费必需品和医疗保健类股票逆势而行，收盘下跌。这一反弹使美国股市收高，纳斯达克综合指数上涨超过 2%，因总统 <strong>唐纳德·特朗普</strong> 对中国的态度有所缓和，扭转了周五的抛售，重新点燃了风险偏好。</p>
<h2><strong>分析师见解</strong></h2>
<p>根据 <strong>杰里米·西格尔</strong> 教授的说法，特朗普总统最近威胁对中国征收 100% 的关税，这一举动动摇了市场，可能是 “在达成最终协议之前的最后一击”。在他的每周评论中，西格尔认为，推迟到 11 月 1 日生效的日期是不寻常的，并 “表明特朗普正在寻求最终协议，将关税作为谈判筹码”。</p>
<p>尽管强劲而稳定的 AI 资本支出继续支撑经济增长，西格尔警告称，持续的政府停摆构成了重大风险。这种不确定性可能会影响招聘意向，并促使消费者进入一种 “自我施加的 ‘罢工’”，从而减缓支出。</p>
<p>在货币政策方面，西格尔预计美联储将在即将召开的会议上降息，因为市场定价 “已明显转向宽松”。他认为政策利率最终应该 “向中 3% 迁移”。尽管短期内波动性较大，西格尔的长期观点仍然是股票是 “财富创造的主要引擎”。</p>
<p>然而，他补充说，作为对冲，持有一些 “价值储存” 资产是有意义的。“我会将黄金或黄金与主要加密货币的组合规模控制在低个位数，并对大多数投资者的上限设定在 10% 左右，认识到在长期内，股票作为财富创造的主要引擎应继续是股票，” 他说。</p>
<h2><strong>即将发布的经济数据</strong></h2>
<p>以下是投资者在周二将关注的内容；</p>
<ul>
<li>9 月份的 NFIB 乐观指数数据将在东部时间上午 6 点发布。</li>
</ul>
<ul>
<li>美联储理事 <strong>米歇尔·鲍曼</strong> 将在上午 8:45 发言，美联储理事 <strong>克里斯托弗·沃勒</strong> 将在下午 3:25 发言，波士顿联邦储备银行行长 <strong>苏珊·柯林斯</strong> 将在下午 3:30 发言。</li>
</ul>
<h2><strong>商品、黄金、加密货币和全球股市</strong></h2>
<p>原油期货在纽约早盘交易中下跌 2.19%，徘徊在每桶 58.19 美元左右。</p>
<p>现货黄金以美元计价上涨 0.71%，徘徊在每盎司 4,140.04 美元左右。其最后的历史高点为每盎司 4,179.71 美元。美元指数现货上涨 0.10%，报 99.3640。</p>
<p>与此同时，<strong>比特币</strong>（CRYPTO: BTC）交易价格下跌 2.68%，报 112,018.35 美元每枚。</p>
<p>周二，亚洲市场收盘普遍下跌，唯有澳大利亚的 ASX 200 指数上涨。韩国的 Kospi、印度的 NIFTY 50、香港的恒生指数、中国的 CSI 300 以及日本的日经 225 指数均出现下跌。欧洲市场在早盘交易中表现不一。</p>
<ul>
<li><strong>SPAC 之王 Chamath Palihapitiya 称赞稀土股 MP Materials，股价接近 100 美元：这是 ‘成功的交易之一’</strong></li>
</ul>
<p><em>图片来源于 Shutterstock</em></p>

花旗

高盛

摩根大通

<p>美国股指期货在主要银行财报发布前下跌，关注高盛、摩根大通和花旗。SPDR 标普 500 ETF 信托和 Invesco QQQ 信托 ETF 在盘前交易中下跌。分析师预测高盛每股收益为 11.00 美元，摩根大通为 4.84 美元，花旗为 1.90 美元。Polaris 的股价在出售印度摩托车的多数股权后上涨 10.98%。杰里米·西格尔教授表示，政府关门可能会影响经济增长，而美联储预计将在即将召开的会议上降息</p>

<p>U.S. stock futures declined on Tuesday following Monday’s reversal rally. Futures of major benchmark indices were lower.</p>
<div class="lb-trans"><p>美国股指期货在周二下跌，此前周一出现反弹。主要基准指数的期货均有所下滑。</p>
</div><p>Leading the charge on Monday, <strong>Oracle Corp.</strong> (NYSE:ORCL) shares jumped more than 5%, while <strong>Nvidia Corp.</strong> (NASDAQ:NVDA) gained almost 3%. <strong>Broadcom Inc.</strong>(NASDAQ:AVGO) soared around 10% after OpenAI pledged a $500-billion investment to co-develop 10 gigawatts of custom AI accelerators with the chipmaker.</p>
<div class="lb-trans"><p>周一，<strong>甲骨文公司</strong>（NYSE:ORCL）股价上涨超过 5%，<strong>英伟达公司</strong>（NASDAQ:NVDA）上涨近 3%。<strong>博通公司</strong>（NASDAQ:AVGO）在 OpenAI 承诺与该芯片制造商共同开发 10 千瓦定制 AI 加速器的 5000 亿美元投资后，股价飙升约 10%。</p>
</div><p>Treasury Secretary <strong>Scott Bessent</strong> said that the ongoing government shutdown has started to affect the real economy and accused the mainstream media of “downplaying the shutdown” to “avoid embarrassing Democrats,” further exacerbating the public’s understanding of the situation’s severity.</p>
<div class="lb-trans"><p>财政部长 <strong>斯科特·贝森特</strong> 表示，持续的政府停摆已经开始影响实际经济，并指责主流媒体 “淡化停摆” 以 “避免让民主党人尴尬”，进一步加剧了公众对局势严重性的理解。</p>
</div><p>Meanwhile, the 10-year Treasury bond yielded 4.01% and the two-year bond was at 3.47%. The CME Group's FedWatch tool’s projections show markets pricing a 97.8% likelihood of the Federal Reserve cutting the current interest rates in its October meeting.</p>
<div class="lb-trans"><p>与此同时，10 年期国债收益率为 4.01%，两年期国债收益率为 3.47%。CME 集团的 FedWatch 工具的预测显示，市场预计美联储在 10 月会议上降息的可能性为 97.8%。</p>
</div><p>The <strong>SPDR S&amp;P 500 ETF Trust</strong>(NYSE:SPY) and <strong>Invesco QQQ Trust ETF</strong> (NASDAQ:QQQ), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Tuesday. The SPY was down 0.67% at $658.65, while the QQQ declined 0.90% to $596.62, according to Benzinga Pro data.</p>
<div class="lb-trans"><p>跟踪标准普尔 500 指数和纳斯达克 100 指数的 <strong>SPDR S&amp;P 500 ETF Trust</strong>（NYSE:SPY）和 <strong>Invesco QQQ Trust ETF</strong>（NASDAQ:QQQ）在周二的盘前交易中下跌。根据 Benzinga Pro 的数据，SPY 下跌 0.67%，报 658.65 美元，而 QQQ 下跌 0.90%，报 596.62 美元。</p>
</div><h2><strong>Stocks In Focus</strong></h2>
<div class="lb-trans"><h2><strong>关注股票</strong></h2>
</div><h2>Goldman Sachs Group</h2>
<div class="lb-trans"><h2>高盛集团</h2>
</div><ul>
<li><strong>Goldman Sachs Group Inc.</strong>(NYSE:GS) fell 0.61%, ahead of its earnings before the opening bell. Analysts estimate earnings of $11.00 per share on revenue of $14.10 billion.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>高盛集团公司</strong>（NYSE:GS）在开盘前下跌 0.61%。分析师预计每股收益为 11.00 美元，收入为 141 亿美元。</li>
</ul>
</div><ul>
<li>GS maintained a stronger price trend over the short, medium, and long terms, with a moderate quality ranking, as per <strong>Benzinga’s Edge Stock Rankings</strong>. Additional performance details are available here.</li>
</ul>
<div class="lb-trans"><ul>
<li>根据 <strong>Benzinga 的股票评级</strong>，GS 在短期、中期和长期内维持了较强的价格趋势，质量排名适中。更多表现细节请见此处。</li>
</ul>
</div><h2>JPMorgan Chase</h2>
<div class="lb-trans"><h2>摩根大通</h2>
</div><ul>
<li><strong>JPMorgan Chase &amp; Co.</strong> (NYSE:JPM) was up 0.50% as analysts estimate earnings of $4.84 per share on revenue of $45.39 billion before the opening bell.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>摩根大通公司</strong>（NYSE:JPM）在开盘前上涨 0.50%，分析师预计每股收益为 4.84 美元，收入为 453.9 亿美元。</li>
</ul>
</div><ul>
<li><strong>Benzinga’s Edge Stock Rankings</strong> indicate that JPM had a stronger price trend in the short, medium, and long terms, with a good growth ranking. Additional performance details are available here.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>Benzinga 的股票评级</strong> 显示，摩根大通在短期、中期和长期内维持了较强的价格趋势，增长排名良好。更多表现细节请见此处。</li>
</ul>
</div><h2>Johnson &amp; Johnson</h2>
<div class="lb-trans"><h2>强生公司</h2>
</div><ul>
<li><strong>Johnson &amp; Johnson</strong> (NYSE:JNJ) was 0.23% lower ahead of its earnings before the opening bell. Analysts estimate earnings of $2.75 per share on revenue of $23.74 billion.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>强生公司</strong>（NYSE:JNJ）在开盘前下跌 0.23%。分析师预计每股收益为 2.75 美元，收入为 237.4 亿美元。</li>
</ul>
</div><ul>
<li>JNJ maintained a stronger price trend over the short, medium, and long terms, with a poor value ranking. Additional performance details, as per <strong>Benzinga’s Edge Stock Rankings</strong>, are available here.</li>
</ul>
<div class="lb-trans"><ul>
<li>根据 <strong>Benzinga 的股票评级</strong>，JNJ 在短期、中期和长期内维持了较强的价格趋势，但价值排名较差。更多表现细节请见此处。</li>
</ul>
</div><h2>Citigroup</h2>
<div class="lb-trans"><h2>花旗集团</h2>
</div><ul>
<li><strong>Citigroup Inc.</strong> (NYSE:C) was 0.44% higher as analysts estimate earnings of $1.90 per share on revenue of $21.09 billion before the opening bell.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>花旗集团公司</strong>（NYSE:C）在开盘前上涨 0.44%，分析师预计每股收益为 1.90 美元，收入为 210.9 亿美元。</li>
</ul>
</div><ul>
<li><strong>Benzinga’s Edge Stock Rankings</strong> indicate that Citigroup maintains a stronger price trend over the medium and long terms but a weak trend in the short term, with a moderate growth ranking. Additional performance details are available here.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>Benzinga 的股票评级</strong> 显示，花旗集团在中期和长期内维持了较强的价格趋势，但短期内趋势较弱，增长排名适中。更多表现细节请见此处。</li>
</ul>
</div><h2>Polaris</h2>
<div class="lb-trans"><h2>极星公司</h2>
</div><ul>
<li><strong>Polaris Inc.</strong> (NYSE:PII) shares climbed 10.98% as it entered into a definitive agreement to sell a majority stake in Indian Motorcycle to an independent private equity firm, Carolwood LP.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>极星公司</strong>（NYSE:PII）股价上涨 10.98%，因其与独立私募股权公司 Carolwood LP 达成了出售印度摩托车大部分股份的最终协议。</li>
</ul>
</div><ul>
<li>PII maintained a stronger price trend over the short, medium, and long terms, with a poor value ranking. Additional performance details, as per <strong>Benzinga’s Edge Stock Rankings</strong>, are available here.</li>
</ul>
<div class="lb-trans"><ul>
<li>根据 <strong>Benzinga 的股票评级</strong>，PII 在短期、中期和长期内维持了较强的价格趋势，但价值排名较差。更多表现细节请见此处。</li>
</ul>
</div><h2><strong>Cues From Last Session</strong></h2>
<div class="lb-trans"><h2><strong>上个交易日的线索</strong></h2>
</div><p>Information technology, consumer discretionary, and communication services stocks recorded the biggest gains on Monday, leading most sectors on the S&amp;P 500 to a positive close.</p>
<div class="lb-trans"><p>信息技术、消费品和通信服务类股票在周一录得最大涨幅，推动标准普尔 500 指数大部分行业收盘走高。</p>
</div><p>However, consumer staples and health care stocks bucked the overall market trend, closing the session lower. This rally saw U.S. stocks settle higher, with the Nasdaq Composite gaining more than 2% as President <strong>Donald Trump</strong> softened his tone on China, reversing Friday's sell-off and reigniting risk appetite.</p>
<div class="lb-trans"><p>然而，消费必需品和医疗保健类股票逆势而行，收盘下跌。这一反弹使美国股市收高，纳斯达克综合指数上涨超过 2%，因总统 <strong>唐纳德·特朗普</strong> 对中国的态度有所缓和，扭转了周五的抛售，重新点燃了风险偏好。</p>
</div><h2><strong>Insights From Analysts</strong></h2>
<div class="lb-trans"><h2><strong>分析师见解</strong></h2>
</div><p>According to Professor <strong>Jeremy Siegel</strong>, President Trump’s recent threat to impose 100% tariffs on China, which roiled markets, may be the “last salvo before a final deal is worked out”. In his weekly commentary, Siegel argues that the delayed Nov. 1 effective date is unusual and “indicates that Trump is fishing for a final deal, using the tariff as a bargaining chip”.</p>
<div class="lb-trans"><p>根据 <strong>杰里米·西格尔</strong> 教授的说法，特朗普总统最近威胁对中国征收 100% 的关税，这一举动动摇了市场，可能是 “在达成最终协议之前的最后一击”。在他的每周评论中，西格尔认为，推迟到 11 月 1 日生效的日期是不寻常的，并 “表明特朗普正在寻求最终协议，将关税作为谈判筹码”。</p>
</div><p>While strong and steady AI capital spending continues to anchor economic growth, Siegel warns that a prolonged government shutdown poses a significant risk. The uncertainty could filter into hiring intentions and nudge consumers into a “self-imposed ‘strike'” that slows spending.</p>
<div class="lb-trans"><p>尽管强劲而稳定的 AI 资本支出继续支撑经济增长，西格尔警告称，持续的政府停摆构成了重大风险。这种不确定性可能会影响招聘意向，并促使消费者进入一种 “自我施加的 ‘罢工’”，从而减缓支出。</p>
</div><p>On monetary policy, Siegel expects the Federal Reserve to cut rates at its upcoming meeting, as market pricing has “moved decisively toward easing”. He believes the policy rate should eventually “migrate toward the mid-3s” over the cycle. Despite near-term volatility, Siegel's long-term view remains that equities are the “primary engine of wealth creation”.</p>
<div class="lb-trans"><p>在货币政策方面，西格尔预计美联储将在即将召开的会议上降息，因为市场定价 “已明显转向宽松”。他认为政策利率最终应该 “向中 3% 迁移”。尽管短期内波动性较大，西格尔的长期观点仍然是股票是 “财富创造的主要引擎”。</p>
</div><p>However, he adds that as a hedge, owning some &#34;store-of-value&#34; exposure can make sense. “I'd size gold or a mix of gold and major crypto around the low single digits and cap near 10% for most investors, recognizing that over long horizons equities, the primary engine of wealth creation should remain stocks for the long run,” he said.</p>
<div class="lb-trans"><p>然而，他补充说，作为对冲，持有一些 “价值储存” 资产是有意义的。“我会将黄金或黄金与主要加密货币的组合规模控制在低个位数，并对大多数投资者的上限设定在 10% 左右，认识到在长期内，股票作为财富创造的主要引擎应继续是股票，” 他说。</p>
</div><h2><strong>Upcoming Economic Data</strong></h2>
<div class="lb-trans"><h2><strong>即将发布的经济数据</strong></h2>
</div><p>Here's what investors will be keeping an eye on Tuesday;</p>
<div class="lb-trans"><p>以下是投资者在周二将关注的内容；</p>
</div><ul>
<li>September’s NFIB optimism index data will be released by 6 a.m. ET.</li>
</ul>
<div class="lb-trans"><ul>
<li>9 月份的 NFIB 乐观指数数据将在东部时间上午 6 点发布。</li>
</ul>
</div><ul>
<li>Fed governor <strong>Michelle Bowman</strong> will speak at 8:45 a.m., Fed governor <strong>Christopher Waller</strong> will speak at 3:25 p.m., and Boston Fed President <strong>Susan Collins</strong> will speak at 3:30 p.m. ET.</li>
</ul>
<div class="lb-trans"><ul>
<li>美联储理事 <strong>米歇尔·鲍曼</strong> 将在上午 8:45 发言，美联储理事 <strong>克里斯托弗·沃勒</strong> 将在下午 3:25 发言，波士顿联邦储备银行行长 <strong>苏珊·柯林斯</strong> 将在下午 3:30 发言。</li>
</ul>
</div><h2><strong>Commodities, Gold, Crypto, And Global Equity Markets</strong></h2>
<div class="lb-trans"><h2><strong>商品、黄金、加密货币和全球股市</strong></h2>
</div><p>Crude oil futures were trading lower in the early New York session by 2.19% to hover around $58.19 per barrel.</p>
<div class="lb-trans"><p>原油期货在纽约早盘交易中下跌 2.19%，徘徊在每桶 58.19 美元左右。</p>
</div><p>Gold Spot US Dollar rose 0.71% to hover around $4,140.04 per ounce. Its last record high stood at $4,179.71 per ounce. The U.S. Dollar Index spot was 0.10% higher at the 99.3640 level.</p>
<div class="lb-trans"><p>现货黄金以美元计价上涨 0.71%，徘徊在每盎司 4,140.04 美元左右。其最后的历史高点为每盎司 4,179.71 美元。美元指数现货上涨 0.10%，报 99.3640。</p>
</div><p>Meanwhile, <strong>Bitcoin</strong>(CRYPTO: BTC) was trading 2.68% lower at $112,018.35 per coin.</p>
<div class="lb-trans"><p>与此同时，<strong>比特币</strong>（CRYPTO: BTC）交易价格下跌 2.68%，报 112,018.35 美元每枚。</p>
</div><p>Asian markets closed lower on Tuesday, except Australia's ASX 200 index. South Korea's Kospi, India’s NIFTY 50, Hong Kong's Hang Seng, China’s CSI 300, and Japan's Nikkei 225 fell. European markets were mixed in early trade.</p>
<div class="lb-trans"><p>周二，亚洲市场收盘普遍下跌，唯有澳大利亚的 ASX 200 指数上涨。韩国的 Kospi、印度的 NIFTY 50、香港的恒生指数、中国的 CSI 300 以及日本的日经 225 指数均出现下跌。欧洲市场在早盘交易中表现不一。</p>
</div><ul>
<li><strong>SPAC King Chamath Palihapitiya Hails Rare Earth Play MP Materials As Stock Nears $100: One Of The Deals ‘That Worked’</strong></li>
</ul>
<div class="lb-trans"><ul>
<li><strong>SPAC 之王 Chamath Palihapitiya 称赞稀土股 MP Materials，股价接近 100 美元：这是 ‘成功的交易之一’</strong></li>
</ul>
</div><p><em>Image Via Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源于 Shutterstock</em></p>
</div>

Stock Market Today: S&P 500, Nasdaq Futures Tumble Ahead Of Big Bank Earnings—Goldman Sachs, JPMorgan, Citigroup In Focus

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