Market Overview - The New York stock market experienced fluctuations influenced by investor concerns over Trump's tariff policies and market risks, with the three major indices closing mixed on the 8th [1] - The Dow Jones Industrial Average fell by 165.60 points to 44240.76, a decrease of 0.37%, while the S&P 500 dropped by 4.46 points to 6225.52, a decline of 0.07%. The Nasdaq Composite rose by 5.95 points to 20418.46, an increase of 0.03% [1] Sector Performance - In the S&P 500, six out of eleven sectors declined, with the Consumer Staples and Utilities sectors leading the losses at 1.09% and 1.07% respectively. Conversely, the Energy and Materials sectors led the gains at 2.72% and 0.53% [1] Tariff Impact - Trump's announcement of a 50% tariff on all copper imports resulted in a significant increase in copper futures, marking the best single-day performance in nearly 40 years, with September copper futures rising by 10.5% to $5.8955 per pound [2] - Mark Mahaney from Evercore ISI indicated that consumers will bear part of the high tariff costs, particularly affecting small businesses, and that the retail sector, with its low profit margins, will likely pass on increased costs to consumers [2] Company-Specific Analysis - Loop Capital analyst Alton Stump downgraded Shake Shack's rating from "Buy" to "Hold," maintaining a target price of $127, suggesting a potential decline of about 9.5% for the stock. Despite a 7.4% increase in stock price this year, concerns over market weakness and tariff impacts have led to a price correction [3] - Datadog faces potential revenue risks as its major client, OpenAI, shifts towards more cost-effective internal management technologies, with analyst Howard Ma setting a target price of $105, indicating a possible 31% downside from the current closing price [3]
【环球财经】美关税举措加剧市场忧虑 纽约股市三大股指8日涨跌互现
Xin Hua Cai Jing·2025-07-09 02:49