<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Wall-Street.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="696" height="464" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Wall-Street.jpg"/></p>
<p>华尔街在周三连续第五个交易日收高，道琼斯工业平均指数上涨约 300 点，创下新纪录，投资者对低于预期的通胀信号表示欢迎。</p>
<p>标准普尔 500 指数尽管整体表现不一，但仍在盘中创下 6,937 点的纪录，然而像英伟达这样的科技股因英特尔 18A 测试暂停而大幅回落，影响了半导体市场情绪。</p>
<p>交易在东部时间下午 1:00 提前结束，限制了交易量并夸大了市场波动，因为华尔街进入圣诞假期。</p>
<h2>华尔街收盘：今天市场的变动因素</h2>
<p>道琼斯指数上涨 0.6%，主要由蓝筹金融股、工业股和防御性股票主导，标志着从周二主导的巨型科技股的轮换。</p>
<p>截至 12 月 20 日的一周，初请失业金人数降至 214,000，超出预期的 220,000，并且标志着连续第二周的下降。</p>
<p>这些数据让交易者放心，尽管 11 月失业率达到四年来的最高点 4.6%，但劳动力市场并未恶化。</p>
<p>数据表明经济具有足够的韧性，能够避免激进的美联储降息，从而支持 2026 年稍晚降息的预期。</p>
<p>然而，科技股当天表现不佳。英伟达下跌 0.32%，收于 188.61 美元，因英特尔 18A 暂停的影响继续施压半导体市场情绪。</p>
<p>在假期前夕，纳斯达克综合指数略微跌破中性线，投资者重新评估人工智能和芯片的风险敞口。</p>
<p>与此同时，标准普尔 500 指数基本持平，但达到了 6,937 点的盘中纪录，这表明尽管主要指数扩张，但基础广度仍然不均。</p>
<p>消费品和工业股表现优于大盘，表明交易者正在转向更具防御性和周期性的投资，而不是全力押注科技股。</p>
<p>由于委内瑞拉的地缘政治紧张局势和对美联储最终降息的预期，黄金价格飙升至每盎司 4,500 美元以上，推动了避险需求。</p>
<p>油价在近期上涨后保持稳定，而波动性指标在假期前保持压缩。</p>
<h2>这对投资者意味着什么</h2>
<p>圣诞老人行情，历史上是市场最强的季节性时期（12 月最后五个交易日加上 1 月的前两个交易日），通常在 78% 的情况下平均回报率为 1.3%。</p>
<p>投资者应在年末关注三个信号：（1）美联储官员的任何评论，暗示对降息的耐心；（2）即将发布的零售销售和住房数据，可能会动摇对经济韧性的信心；（3）在新年到来时，市场广度是否扩展或收缩。</p>
<p>下午 1:00 的提前收盘压缩了流动性，这意味着在周五正常交易恢复时，市场波动可能会迅速反转。</p>
<p>真正的风险在于市场已经为 2026 年定价了两次降息，而美联储的指引仅暗示一次。</p>
<p>如果 1 月份的数据重新加速通胀，这种不匹配可能会引发剧烈的修正。</p>
<p>目前，道琼斯的创纪录收盘为市场提供了比英伟达的回撤更为坚实的基础，表明推动年末反弹的因素是持久的经济实力，而不仅仅是人工智能的热情。</p>
<p>华尔街收盘：标准普尔 500 指数创下历史新高，道琼斯上涨 289 点，首发于 Invezz。</p>

英伟达

<p>华尔街连续第五个交易日收高，道琼斯指数上涨 289 点，标准普尔 500 指数创下历史新高。投资者对低于预期的通胀信号反应积极。然而，科技股面临压力，尤其是英伟达，因英特尔暂停 18A 测试。尽管市场表现参差不齐，但防御性股票的轮动和经济韧性影响了市场走势。由于地缘政治紧张局势，黄金价格飙升，而油价保持稳定。随着年末临近，建议投资者关注美联储的评论、零售销售和住房数据</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Wall-Street.jpg" alt="" original-src="https://invezz.com/wp-content/uploads/2024/08/Wall-Street.jpg"/></p>
<p>Wall Street closed higher for a fifth consecutive session on Wednesday, with the Dow Jones Industrial Average gaining approximately 300 points to reach a fresh record high as investors welcomed weaker-than-expected inflation signals.</p>
<div class="lb-trans"><p>华尔街在周三连续第五个交易日收高，道琼斯工业平均指数上涨约 300 点，创下新纪录，投资者对低于预期的通胀信号表示欢迎。</p>
</div><p>The S&amp;P 500 also hit an intraday record of 6,937 despite mixed breadth, though technology stocks like Nvidia pulled back sharply as the Intel 18A testing pause weighed on semiconductor sentiment.</p>
<div class="lb-trans"><p>标准普尔 500 指数尽管整体表现不一，但仍在盘中创下 6,937 点的纪录，然而像英伟达这样的科技股因英特尔 18A 测试暂停而大幅回落，影响了半导体市场情绪。</p>
</div><p>Trading was compressed into the early 1:00 PM ET close, limiting volume and exaggerating moves as Wall Street headed into the Christmas holiday.</p>
<div class="lb-trans"><p>交易在东部时间下午 1:00 提前结束，限制了交易量并夸大了市场波动，因为华尔街进入圣诞假期。</p>
</div><h2>Wall Street close: What moved the market today</h2>
<div class="lb-trans"><h2>华尔街收盘：今天市场的变动因素</h2>
</div><p>The Dow’s 0.6% climb marked leadership by blue-chip financials, industrials, and defensive stocks, a rotation away from mega-cap technology that dominated Tuesday’s session.</p>
<div class="lb-trans"><p>道琼斯指数上涨 0.6%，主要由蓝筹金融股、工业股和防御性股票主导，标志着从周二主导的巨型科技股的轮换。</p>
</div><p>Initial jobless claims fell to 214,000 for the week ending December 20, beating expectations of 220,000 and marking the second consecutive weekly decline.</p>
<div class="lb-trans"><p>截至 12 月 20 日的一周，初请失业金人数降至 214,000，超出预期的 220,000，并且标志着连续第二周的下降。</p>
</div><p>The numbers reassured traders that the labor market wasn’t deteriorating despite November’s unemployment rate hitting a four-year high of 4.6%.</p>
<div class="lb-trans"><p>这些数据让交易者放心，尽管 11 月失业率达到四年来的最高点 4.6%，但劳动力市场并未恶化。</p>
</div><p>The data suggested the economy had enough resilience to avoid aggressive Fed rate cuts, supporting the case for a later 2026 rate-cut schedule.</p>
<div class="lb-trans"><p>数据表明经济具有足够的韧性，能够避免激进的美联储降息，从而支持 2026 年稍晚降息的预期。</p>
</div><p>However, technology shares struggled on the day. Nvidia fell 0.32%, closing at $188.61, as fallout from the Intel 18A pause continued to pressure semiconductor sentiment.</p>
<div class="lb-trans"><p>然而，科技股当天表现不佳。英伟达下跌 0.32%，收于 188.61 美元，因英特尔 18A 暂停的影响继续施压半导体市场情绪。</p>
</div><p>The broader Nasdaq dipped slightly below the neutral line as investors recalibrate AI and chip exposure ahead of the holiday break.</p>
<div class="lb-trans"><p>在假期前夕，纳斯达克综合指数略微跌破中性线，投资者重新评估人工智能和芯片的风险敞口。</p>
</div><p>Meanwhile, the S&amp;P 500 remained essentially flat but achieved an intraday record of 6,937 points, suggesting that while headline indices expanded, underlying breadth remained uneven.</p>
<div class="lb-trans"><p>与此同时，标准普尔 500 指数基本持平，但达到了 6,937 点的盘中纪录，这表明尽管主要指数扩张，但基础广度仍然不均。</p>
</div><p>Consumer staples and industrials outperformed, signaling that traders were rotating into more defensive and cyclical positioning rather than pushing all-in on tech.</p>
<div class="lb-trans"><p>消费品和工业股表现优于大盘，表明交易者正在转向更具防御性和周期性的投资，而不是全力押注科技股。</p>
</div><p>Gold surged above $4,500 per ounce as geopolitical tensions in Venezuela and expectations for eventual Fed rate cuts drove safe-haven demand.</p>
<div class="lb-trans"><p>由于委内瑞拉的地缘政治紧张局势和对美联储最终降息的预期，黄金价格飙升至每盎司 4,500 美元以上，推动了避险需求。</p>
</div><p>Oil prices held steady after recent gains, while volatility metrics remained compressed heading into the holiday.</p>
<div class="lb-trans"><p>油价在近期上涨后保持稳定，而波动性指标在假期前保持压缩。</p>
</div><h2>What this means for investors</h2>
<div class="lb-trans"><h2>这对投资者意味着什么</h2>
</div><p>The Santa Claus Rally, historically the market’s strongest seasonal period (last five trading days of December plus first two of January), typically delivers an average 1.3% return 78% of the time.</p>
<div class="lb-trans"><p>圣诞老人行情，历史上是市场最强的季节性时期（12 月最后五个交易日加上 1 月的前两个交易日），通常在 78% 的情况下平均回报率为 1.3%。</p>
</div><p>Investors should monitor three signals into year-end: (1) any commentary from Federal Reserve officials hinting at January patience on rate cuts; (2) upcoming retail sales and housing data that could shake conviction about economic durability; and (3) whether breadth expands or contracts into the new year.</p>
<div class="lb-trans"><p>投资者应在年末关注三个信号：（1）美联储官员的任何评论，暗示对降息的耐心；（2）即将发布的零售销售和住房数据，可能会动摇对经济韧性的信心；（3）在新年到来时，市场广度是否扩展或收缩。</p>
</div><p>The early 1:00 PM close compresses liquidity, meaning moves can reverse quickly when normal trading resumes on Friday.</p>
<div class="lb-trans"><p>下午 1:00 的提前收盘压缩了流动性，这意味着在周五正常交易恢复时，市场波动可能会迅速反转。</p>
</div><p>The real risk is that markets have priced in two rate cuts for 2026 while Fed guidance suggests just one.</p>
<div class="lb-trans"><p>真正的风险在于市场已经为 2026 年定价了两次降息，而美联储的指引仅暗示一次。</p>
</div><p>If January data re-accelerates inflation, that mismatch could trigger a sharp correction.</p>
<div class="lb-trans"><p>如果 1 月份的数据重新加速通胀，这种不匹配可能会引发剧烈的修正。</p>
</div><p>For now, the Dow’s record close provides a firmer footing than Nvidia’s retreat, a signal that durable economic strength, not just AI exuberance, is driving the year-end rally.</p>
<div class="lb-trans"><p>目前，道琼斯的创纪录收盘为市场提供了比英伟达的回撤更为坚实的基础，表明推动年末反弹的因素是持久的经济实力，而不仅仅是人工智能的热情。</p>
</div><p>The post Wall Street close: S&amp;P 500 ends at record high, Dow gains 289 points appeared first on Invezz</p>
<div class="lb-trans"><p>华尔街收盘：标准普尔 500 指数创下历史新高，道琼斯上涨 289 点，首发于 Invezz。</p>
</div>

Wall Street close: S&P 500 ends at record high, Dow gains 289 points

- 华尔街连涨五天，道琼斯上涨约 300 点创纪录新高。  
- 初请失业金人数降至 21.4 万，表明劳动力市场稳定。  
- 投资者应关注美联储的言论与经济数据，以应对潜在的市场波动。

华尔街收盘：标准普尔 500 指数创下历史新高，道琼斯指数上涨 289 点