Group 1 - The U.S. House of Representatives passed a significant tax reform bill, which could potentially increase the national debt by approximately $3.8 trillion over the next decade, raising the current debt level of $36.2 trillion [1] - The stock market showed mixed results following the tax reform news, with the Dow Jones Industrial Average closing at 41,859.09, down 1.35 points, and the S&P 500 index down 2.60 points to 5,842.01, while the Nasdaq Composite rose by 53.09 points to 18,925.74 [1] - Among the 11 major sectors of the S&P 500, 8 sectors declined, with utilities and healthcare leading the losses at 1.41% and 0.76%, respectively, while consumer discretionary and communication services were the best performers, rising by 0.56% and 0.32% [1] Group 2 - Short-term economic benefits from the tax reform are anticipated, including GDP growth and increased spending, particularly in defense, which could stimulate the economy [2] - Long-term concerns regarding the tax reform include exacerbating the fiscal deficit, leading to rising yields and declining bond attractiveness, as noted by analysts [2] - The bond market showed some relief after Moody's downgrade of the U.S. credit rating, with the 30-year Treasury yield falling below 5.1% and the 10-year benchmark yield around 4.55% [2] Group 3 - The Federal Reserve is considering interest rate cuts if the Trump administration's tariff policies are less concerning than previously thought, with recent data indicating a rebound in U.S. business activity [3] - The preliminary S&P Global Composite PMI for May rose to 52.1 from 50.6 in April, indicating moderate economic expansion, although the labor market shows signs of weakness with rising unemployment claims [3] - Market expectations suggest at least two rate cuts of 25 basis points each by the end of the year, as investors monitor economic trends and fiscal policy developments [3]
【环球财经】特朗普税改法案在众议院过关 纽约股市三大股指22日涨跌互现
Xin Hua Cai Jing·2025-05-22 23:21