Market Overview - The Federal Reserve lowered interest rates by 25 basis points, aligning with market expectations, and raised the U.S. economic growth forecast[5] - The Dow Jones increased by 497 points or 1.05%, closing at 48,057 points, while the S&P 500 and Nasdaq rose by 0.68% and 0.33% respectively[9] - European markets showed mixed results, with the Stoxx 600 index slightly up by 0.07%[9] Commodity and Currency Insights - Crude oil futures rebounded, with NYMEX crude oil rising by 0.36% to $58.46 per barrel, and Brent crude up by 0.4% to $62.21 per barrel[26] - Gold prices increased due to the Fed's decision to purchase Treasury bills, while silver reached new highs[4] - The U.S. dollar index fell by 0.4% to 98.79, marking an 8.9% decline year-to-date[25] Stock Performance - GE Vernova's stock surged by 15.62% after announcing a dividend increase and optimistic long-term guidance, with revenue targets raised to $52.2 billion, a 16% increase from previous guidance[8] - In the A-share market, the Shanghai Composite Index fell by 0.23% to 3,900 points, while the Shenzhen Component rose by 0.29%[15] - The Hang Seng Index increased by 0.42%, ending a two-day decline, with significant gains in large tech stocks[11] Economic Indicators - The U.S. third-quarter employment cost growth reached its lowest level in over four years, indicating potential labor market stabilization[5] - The IMF raised China's economic growth forecast for this year to 5%[5] - The market anticipates at least two more rate cuts from the Fed next year, with a target rate midpoint of 3.4% for 2026[5]
环球市场动态:美联储1月或暂停降息
citic securities·2025-12-11 05:43