Group 1 - The latest employment report in the US showed weaker-than-expected performance, leading Wall Street to believe that the Federal Reserve will lower interest rates this month [1][2] - The non-farm payroll report indicated that only 22,000 jobs were added last month, with the unemployment rate rising to its highest level in nearly four years, reflecting a cooling labor market [2][3] - Market expectations are fully pricing in a 25 basis point rate cut in September, with a cumulative reduction of 68 basis points anticipated by the end of the year [2][3] Group 2 - The yield on US Treasury bonds has declined for three consecutive weeks, with the 2-year yield dropping by 11.5 basis points to 3.506% and the 10-year yield falling by 14.2 basis points to 4.085%, indicating market assessment of a potential 50 basis point rate cut [3] - The stock market showed mixed performance, with the S&P 500 index reaching a historical high before experiencing a sell-off, while sectors such as communication services and consumer discretionary saw gains [4] - Bank of America reported a significant increase in buying activity for small-cap stocks, with clients purchasing $1.5 billion worth of small-cap stocks and ETFs, marking the second-largest weekly purchase since 2008 [5]
非农数据预告 美联储降息已成定局 美股走势再添变数
Sou Hu Cai Jing·2025-09-07 16:32