<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>華爾街在週三連續第五個交易日收高，道瓊斯工業平均指數上漲約 300 點，創下新紀錄，投資者對低於預期的通脹信號表示歡迎。</p>
<p>標準普爾 500 指數儘管整體表現不一，但仍在盤中創下 6,937 點的紀錄，然而像英偉達這樣的科技股因英特爾 18A 測試暫停而大幅回落，影響了半導體市場情緒。</p>
<p>交易在東部時間下午 1:00 提前結束，限制了交易量並誇大了市場波動，因為華爾街進入聖誕假期。</p>
<h2>華爾街收盤：今天市場的變動因素</h2>
<p>道瓊斯指數上漲 0.6%，主要由藍籌金融股、工業股和防禦性股票主導，標誌着從週二主導的巨型科技股的輪換。</p>
<p>截至 12 月 20 日的一週，初請失業金人數降至 214,000，超出預期的 220,000，並且標誌着連續第二週的下降。</p>
<p>這些數據讓交易者放心，儘管 11 月失業率達到四年來的最高點 4.6%，但勞動力市場並未惡化。</p>
<p>數據表明經濟具有足夠的韌性，能夠避免激進的美聯儲降息，從而支持 2026 年稍晚降息的預期。</p>
<p>然而，科技股當天表現不佳。英偉達下跌 0.32%，收於 188.61 美元，因英特爾 18A 暫停的影響繼續施壓半導體市場情緒。</p>
<p>在假期前夕，納斯達克綜合指數略微跌破中性線，投資者重新評估人工智能和芯片的風險敞口。</p>
<p>與此同時，標準普爾 500 指數基本持平，但達到了 6,937 點的盤中紀錄，這表明儘管主要指數擴張，但基礎廣度仍然不均。</p>
<p>消費品和工業股表現優於大盤，表明交易者正在轉向更具防禦性和週期性的投資，而不是全力押注科技股。</p>
<p>由於委內瑞拉的地緣政治緊張局勢和對美聯儲最終降息的預期，黃金價格飆升至每盎司 4,500 美元以上，推動了避險需求。</p>
<p>油價在近期上漲後保持穩定，而波動性指標在假期前保持壓縮。</p>
<h2>這對投資者意味着什麼</h2>
<p>聖誕老人行情，歷史上是市場最強的季節性時期（12 月最後五個交易日加上 1 月的前兩個交易日），通常在 78% 的情況下平均回報率為 1.3%。</p>
<p>投資者應在年末關注三個信號：（1）美聯儲官員的任何評論，暗示對降息的耐心；（2）即將發佈的零售銷售和住房數據，可能會動搖對經濟韌性的信心；（3）在新年到來時，市場廣度是否擴展或收縮。</p>
<p>下午 1:00 的提前收盤壓縮了流動性，這意味着在週五正常交易恢復時，市場波動可能會迅速反轉。</p>
<p>真正的風險在於市場已經為 2026 年定價了兩次降息，而美聯儲的指引僅暗示一次。</p>
<p>如果 1 月份的數據重新加速通脹，這種不匹配可能會引發劇烈的修正。</p>
<p>目前，道瓊斯的創紀錄收盤為市場提供了比英偉達的回撤更為堅實的基礎，表明推動年末反彈的因素是持久的經濟實力，而不僅僅是人工智能的熱情。</p>
<p>華爾街收盤：標準普爾 500 指數創下歷史新高，道瓊斯上漲 289 點，首發於 Invezz。</p>

英偉達

<p>華爾街連續第五個交易日收高，道瓊斯指數上漲 289 點，標準普爾 500 指數創下歷史新高。投資者對低於預期的通脹信號反應積極。然而，科技股面臨壓力，尤其是英偉達，因英特爾暫停 18A 測試。儘管市場表現參差不齊，但防禦性股票的輪動和經濟韌性影響了市場走勢。由於地緣政治緊張局勢，黃金價格飆升，而油價保持穩定。隨着年末臨近，建議投資者關注美聯儲的評論、零售銷售和住房數據</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>華爾街在週三連續第五個交易日收高，道瓊斯工業平均指數上漲約 300 點，創下新紀錄，投資者對低於預期的通脹信號表示歡迎。</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>標準普爾 500 指數儘管整體表現不一，但仍在盤中創下 6,937 點的紀錄，然而像英偉達這樣的科技股因英特爾 18A 測試暫停而大幅回落，影響了半導體市場情緒。</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>交易在東部時間下午 1:00 提前結束，限制了交易量並誇大了市場波動，因為華爾街進入聖誕假期。</p>
</div><h2>Wall Street close: What moved the market today</h2>
<div class="lb-trans"><h2>華爾街收盤：今天市場的變動因素</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>道瓊斯指數上漲 0.6%，主要由藍籌金融股、工業股和防禦性股票主導，標誌着從週二主導的巨型科技股的輪換。</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 日的一週，初請失業金人數降至 214,000，超出預期的 220,000，並且標誌着連續第二週的下降。</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>這些數據讓交易者放心，儘管 11 月失業率達到四年來的最高點 4.6%，但勞動力市場並未惡化。</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>數據表明經濟具有足夠的韌性，能夠避免激進的美聯儲降息，從而支持 2026 年稍晚降息的預期。</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，科技股當天表現不佳。英偉達下跌 0.32%，收於 188.61 美元，因英特爾 18A 暫停的影響繼續施壓半導體市場情緒。</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，納斯達克綜合指數略微跌破中性線，投資者重新評估人工智能和芯片的風險敞口。</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>與此同時，標準普爾 500 指數基本持平，但達到了 6,937 點的盤中紀錄，這表明儘管主要指數擴張，但基礎廣度仍然不均。</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>消費品和工業股表現優於大盤，表明交易者正在轉向更具防禦性和週期性的投資，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>由於委內瑞拉的地緣政治緊張局勢和對美聯儲最終降息的預期，黃金價格飆升至每盎司 4,500 美元以上，推動了避險需求。</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>油價在近期上漲後保持穩定，而波動性指標在假期前保持壓縮。</p>
</div><h2>What this means for investors</h2>
<div class="lb-trans"><h2>這對投資者意味着什麼</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>聖誕老人行情，歷史上是市場最強的季節性時期（12 月最後五個交易日加上 1 月的前兩個交易日），通常在 78% 的情況下平均回報率為 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>投資者應在年末關注三個信號：（1）美聯儲官員的任何評論，暗示對降息的耐心；（2）即將發佈的零售銷售和住房數據，可能會動搖對經濟韌性的信心；（3）在新年到來時，市場廣度是否擴展或收縮。</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 的提前收盤壓縮了流動性，這意味着在週五正常交易恢復時，市場波動可能會迅速反轉。</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>真正的風險在於市場已經為 2026 年定價了兩次降息，而美聯儲的指引僅暗示一次。</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 月份的數據重新加速通脹，這種不匹配可能會引發劇烈的修正。</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，道瓊斯的創紀錄收盤為市場提供了比英偉達的回撤更為堅實的基礎，表明推動年末反彈的因素是持久的經濟實力，而不僅僅是人工智能的熱情。</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>華爾街收盤：標準普爾 500 指數創下歷史新高，道瓊斯上漲 289 點，首發於 Invezz。</p>
</div>

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

- 華爾街連漲五天，道瓊斯上漲約 300 點創紀錄新高。  
- 初請失業金人數降至 21.4 萬，表明勞動力市場穩定。  
- 投資者應關注美聯儲的言論與經濟數據，以應對潛在的市場波動。

華爾街收盤：標準普爾 500 指數創下歷史新高，道瓊斯指數上漲 289 點