<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/05/image-68-1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1152" height="720" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/05/image-68-1.png"/></p>
<p>美国股市在周五展现出韧性，英伟达及其他以人工智能为重点的半导体公司推动了科技股的反弹，使纳斯达克综合指数上涨，同时标准普尔 500 指数和道琼斯工业平均指数也有所上升。</p>
<p>这一反弹是在美光科技发布强劲财报和乐观指引后发生的，重燃了市场对人工智能基础设施支出仍然强劲的信心，尽管近期市场波动加剧。</p>
<p>在经历了一周的动荡后，投资者重新回归成长股，纳斯达克在周四强劲涨幅的基础上继续上涨，逼近近期的月度高点。</p>
<h2>英伟达主导的人工智能反弹推动纳斯达克表现优异</h2>
<p>英伟达成为周五市场情绪的最大推动者，股价上涨 3.37% 至 180 美元，伯恩斯坦研究发布的乐观分析强调该芯片巨头的估值在历史上具有吸引力，前瞻市盈率为 25 倍，处于其 10 年区间的第 11 百分位。</p>
<p>这一升级突显了对人工智能基础设施支出预测的重新信心，分析师预计到 2030 年，累计需求将达到 3 万亿至 4 万亿美元。</p>
<p>超微半导体与英伟达一起上涨 5.37%，而更广泛的费城半导体指数也随之上涨，受益于美光关于高带宽内存供应紧张的消息，该供应将持续到 2026 年。</p>
<p>纳斯达克综合指数在开盘时上涨约 0.6%，到中午时上涨约 1%，显著超过标准普尔 500 指数的约 0.5% 和道琼斯工业平均指数的 0.3% 涨幅。</p>
<p>交易量保持健康，投资者消化了积极的人工智能催化剂以及周四发布的温和通胀数据的影响。</p>
<p>纳斯达克现在已经连续两个交易日上涨超过 1%，这是自 2025 年 4 月以来最长的此类波动。</p>
<h2>宏观动态：交易者接下来关注什么</h2>
<p>债券市场为股市反弹提供了复杂的背景。</p>
<p>10 年期美国国债收益率在 4.15% 左右保持稳定，此前在周四日本央行将利率提高至 2023 年 5 月以来的最高水平时曾激增。</p>
<p>这一国际货币政策的转变最初让全球股市感到不安，但随着市场消化对美国利率预期的影响，情况已经稳定。</p>
<p>美联储在 12 月的降息，将联邦基金利率降至 3.5% 至 3.75%，仍然是最近的政策行动，交易者现在关注中央银行是否会在 2026 年暂停降息，考虑到持续的通胀担忧。</p>
<p>企业盈利继续推动市场情绪的变化。</p>
<p>耐克在公布其中国市场持续疲软后股价暴跌，尽管其收入超过华尔街预期，这突显了大型跨国公司在地缘政治压力下维持利润率的困难。</p>
<p>相反，甲骨文在中国字节跳动达成建立 TikTok 合资企业的消息后上涨，表明可能会缓解对美国科技股施加压力的监管不确定性。</p>
<p>市场策略师指出，这一反弹似乎是由月末布局前的战术性回补和对半导体及云计算股票的重新信心共同驱动的。</p>
<p>期权市场显示出活跃的交易活动，交易者押注英伟达可能突破技术阻力位，180 美元至 182.50 美元的看涨期权吸引了大量交易量。</p>
<p>交易者将关注下周初即将发布的 12 月就业数据和零售销售数据，这将为消费者健康和工资增长提供重要信号，这些都是美联储在 2026 年政策的关键变量。</p>
<p>月末投资组合再平衡和期权到期可能会在年末最后几个交易日放大波动性。</p>
<p>美国午盘市场简报：随着英伟达推动人工智能交易，纳斯达克领涨的股票上涨，首次出现在 Invezz 上。</p>

英伟达

<p>美国股市在周五上涨，以英伟达和专注于人工智能的半导体公司为主，推动纳斯达克综合指数上涨。美光科技强劲的财报和指引增强了对人工智能基础设施支出的信心。英伟达在一份乐观分析后上涨了 3.37%，而 AMD 上涨了 5.37%。到中午时分，纳斯达克上涨了 1%，表现优于标准普尔 500 指数和道琼斯指数。债券市场保持稳定，交易员们正在关注即将公布的就业数据和零售销售数据，以寻找美联储政策信号</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/05/image-68-1.png" alt="" original-src="https://invezz.com/wp-content/uploads/2025/05/image-68-1.png"/></p>
<p>US stocks displayed resilience on Friday as Nvidia and other AI-focused semiconductor names powered a tech-led rebound, sending the Nasdaq Composite higher while the S&amp;P 500 and Dow Jones also advanced.</p>
<div class="lb-trans"><p>美国股市在周五展现出韧性，英伟达及其他以人工智能为重点的半导体公司推动了科技股的反弹，使纳斯达克综合指数上涨，同时标准普尔 500 指数和道琼斯工业平均指数也有所上升。</p>
</div><p>The rally came after Micron Technology’s blowout earnings and upbeat guidance reignited confidence that artificial intelligence infrastructure spending remains robust despite recent market volatility.</p>
<div class="lb-trans"><p>这一反弹是在美光科技发布强劲财报和乐观指引后发生的，重燃了市场对人工智能基础设施支出仍然强劲的信心，尽管近期市场波动加剧。</p>
</div><p>Investors rotated back into growth stocks after a turbulent week, with the Nasdaq building on Thursday’s strong gains and pushing within striking distance of recent monthly highs.</p>
<div class="lb-trans"><p>在经历了一周的动荡后，投资者重新回归成长股，纳斯达克在周四强劲涨幅的基础上继续上涨，逼近近期的月度高点。</p>
</div><h2>Nvidia-led AI rally fuels Nasdaq outperformance</h2>
<div class="lb-trans"><h2>英伟达主导的人工智能反弹推动纳斯达克表现优异</h2>
</div><p>Nvidia emerged as Friday’s biggest driver of market sentiment, surging 3.37% to $180 as Bernstein Research released a bullish analysis highlighting the chip giant’s valuation as historically attractive at 25 times forward earnings, placing it in the 11th percentile of its 10-year range.</p>
<div class="lb-trans"><p>英伟达成为周五市场情绪的最大推动者，股价上涨 3.37% 至 180 美元，伯恩斯坦研究发布的乐观分析强调该芯片巨头的估值在历史上具有吸引力，前瞻市盈率为 25 倍，处于其 10 年区间的第 11 百分位。</p>
</div><p>The upgrade underscored renewed confidence in AI infrastructure spending projections, with analysts projecting cumulative demand reaching $3 to $4 trillion by 2030.</p>
<div class="lb-trans"><p>这一升级突显了对人工智能基础设施支出预测的重新信心，分析师预计到 2030 年，累计需求将达到 3 万亿至 4 万亿美元。</p>
</div><p>Advanced Micro Devices climbed 5.37% alongside Nvidia, while the broader Philadelphia Semiconductor Index joined the advance, capitalizing on Micron’s messaging about a tight high-bandwidth memory supply extending through 2026.</p>
<div class="lb-trans"><p>超微半导体与英伟达一起上涨 5.37%，而更广泛的费城半导体指数也随之上涨，受益于美光关于高带宽内存供应紧张的消息，该供应将持续到 2026 年。</p>
</div><p>The Nasdaq Composite rose approximately 0.6% at the opening and gained roughly 1% by midday, significantly outpacing the S&amp;P 500, which advanced about 0.5%, and the Dow Jones Industrial Average, which climbed 0.3%.</p>
<div class="lb-trans"><p>纳斯达克综合指数在开盘时上涨约 0.6%，到中午时上涨约 1%，显著超过标准普尔 500 指数的约 0.5% 和道琼斯工业平均指数的 0.3% 涨幅。</p>
</div><p>Trading volume remained healthy as investors digested both positive AI catalysts and the implications of softer inflation data released Thursday.</p>
<div class="lb-trans"><p>交易量保持健康，投资者消化了积极的人工智能催化剂以及周四发布的温和通胀数据的影响。</p>
</div><p>The Nasdaq has now completed back-to-back days of gains exceeding 1 percent, marking its longest streak of such volatility since April 2025.</p>
<div class="lb-trans"><p>纳斯达克现在已经连续两个交易日上涨超过 1%，这是自 2025 年 4 月以来最长的此类波动。</p>
</div><h2>Macro Movers: What traders are watching next</h2>
<div class="lb-trans"><h2>宏观动态：交易者接下来关注什么</h2>
</div><p>Bond markets provided a nuanced backdrop for the equity rebound.</p>
<div class="lb-trans"><p>债券市场为股市反弹提供了复杂的背景。</p>
</div><p>The 10-year Treasury yield held steady near 4.15% after spiking on Thursday when the Bank of Japan raised interest rates to their highest level since May 2023.</p>
<div class="lb-trans"><p>10 年期美国国债收益率在 4.15% 左右保持稳定，此前在周四日本央行将利率提高至 2023 年 5 月以来的最高水平时曾激增。</p>
</div><p>That international monetary policy shift initially unsettled global equities but has since stabilized as markets digest the implications for US rate expectations.</p>
<div class="lb-trans"><p>这一国际货币政策的转变最初让全球股市感到不安，但随着市场消化对美国利率预期的影响，情况已经稳定。</p>
</div><p>The Federal Reserve’s December rate cut, reducing the fed funds rate to 3.5 to 3.75%, remains the most recent policy action, and traders are now focused on whether the central bank will pause cuts in 2026, given persistent inflation concerns.</p>
<div class="lb-trans"><p>美联储在 12 月的降息，将联邦基金利率降至 3.5% 至 3.75%，仍然是最近的政策行动，交易者现在关注中央银行是否会在 2026 年暂停降息，考虑到持续的通胀担忧。</p>
</div><p>Corporate earnings continued to drive sentiment shifts.</p>
<div class="lb-trans"><p>企业盈利继续推动市场情绪的变化。</p>
</div><p>Nike plummeted after revealing ongoing weakness in its Chinese market despite revenue that exceeded Wall Street forecasts, highlighting the difficulty large multinationals face in sustaining margins amid geopolitical pressures.</p>
<div class="lb-trans"><p>耐克在公布其中国市场持续疲软后股价暴跌，尽管其收入超过华尔街预期，这突显了大型跨国公司在地缘政治压力下维持利润率的困难。</p>
</div><p>Conversely, Oracle gained after news that China’s ByteDance reached agreements to establish a TikTok joint venture, signaling potential easing of regulatory uncertainty that has weighed on US tech stocks.</p>
<div class="lb-trans"><p>相反，甲骨文在中国字节跳动达成建立 TikTok 合资企业的消息后上涨，表明可能会缓解对美国科技股施加压力的监管不确定性。</p>
</div><p>Market strategists noted that the rally appeared driven by both tactical short-covering ahead of month-end positioning and renewed genuine conviction in semiconductor and cloud stocks.</p>
<div class="lb-trans"><p>市场策略师指出，这一反弹似乎是由月末布局前的战术性回补和对半导体及云计算股票的重新信心共同驱动的。</p>
</div><p>Options markets showed elevated activity as traders bet on potential breakouts above technical resistance levels in Nvidia, with call options on $180 to $182.50 strikes attracting significant volume.</p>
<div class="lb-trans"><p>期权市场显示出活跃的交易活动，交易者押注英伟达可能突破技术阻力位，180 美元至 182.50 美元的看涨期权吸引了大量交易量。</p>
</div><p>Traders will focus on December’s payrolls and retail sales data due early next week, which will provide crucial signals about consumer health and wage growth, key variables for Fed policy in 2026.</p>
<div class="lb-trans"><p>交易者将关注下周初即将发布的 12 月就业数据和零售销售数据，这将为消费者健康和工资增长提供重要信号，这些都是美联储在 2026 年政策的关键变量。</p>
</div><p>Month-end portfolio rebalancing and options expiry could amplify volatility in the final trading sessions before the year closes.</p>
<div class="lb-trans"><p>月末投资组合再平衡和期权到期可能会在年末最后几个交易日放大波动性。</p>
</div><p>The post US midday market brief: stocks rise as Nvidia lifts AI trade, Nasdaq leads gains appeared first on Invezz</p>
<div class="lb-trans"><p>美国午盘市场简报：随着英伟达推动人工智能交易，纳斯达克领涨的股票上涨，首次出现在 Invezz 上。</p>
</div>

US midday market brief: stocks rise as Nvidia lifts AI trade, Nasdaq leads gains

- 美国股票市场因 Nvidia 和其他 AI 半导体公司反弹而上涨。  
- Micron 提高的收益预期重燃投资者信心，推动纳斯达克指数走高。  
- 投资者转向成长股，纳斯达克连续两天涨幅超过 1%。

美国午间市场简报：英伟达推动 AI 交易，股市上涨，纳斯达克领涨