*美股三大股指涨跌互现 *芯片股领涨，美光科技飙高10.5%，英伟达涨1.3% 2日，美股涨跌不一。截至收盘，道指涨319.10点，涨幅0.66%，报48382.39点；纳指跌6.36点，跌幅 0.03%，报23235.63点；标普500指数涨12.97点，涨幅0.19%，报6858.47点，打破了过去三年标普500指 数在新年首个交易日均以下跌收盘的惯例。 作为2026年的首个交易日，美股整体交投相对清淡，盘中走势较为平稳，科技板块仍带动市场波动的主 要力量。不过，整体波动幅度有限，为因节假日而缩短的本周交易画上句号。周四（元旦）美股休市。 芯片股走势强劲，英伟达收高1.26% 日内龙头科技股以下跌为主，拖累纳指微幅收跌。奈飞收跌2.95%，微软跌2.21%，亚马逊跌1.87%， Meta跌1.47%，苹果跌0.31%，谷歌母公司Alphabet收高0.69%。 *中国资产一飞冲天，百度大涨15%，纳斯达克中国金龙指数飙高4.4% 新年首个交易日 有市场分析指出，受到消费者对马斯克政治立场不满情绪升温、美国电动汽车购车税收优惠到期以及海 外市场竞争加剧等多重因素影响，特斯拉在2025年失去全球最畅销电动汽车 ...

Group 1 - Shares of luxury furniture-maker RH rose 9.6% following the delay of tariff increases on furniture items until 2027, providing relief to the company and its peers in the furniture sector [1][4] - The Trump administration had previously imposed a 25% tariff on imported upholstered furniture, with plans to increase it to 30% and other tariffs to 50% on January 1, but these increases were delayed due to progress in trade talks [2][7] - RH's CEO noted that tariffs have disrupted supply chains and increased prices, leading to significant operational challenges, including a 90-basis-point impact on operating margins [3][4] Group 2 - The furniture industry has faced multiple challenges over the past four years, with RH's stock down 76% from its pandemic-era highs, indicating a potential turnaround opportunity if headwinds begin to clear [6][8] - The company's sales are closely tied to the housing market, which has been weak, and management's decision to take on substantial debt for stock repurchases has been criticized as ill-timed [6][8]

Market Overview - The Dow Jones Industrial Average rose by 311.99 points, or 0.67%, closing at 48,383.22, marking the end of a four-day losing streak [3] - The S&P 500 gained 12.52 points, or 0.18%, ending at 6,858.02, while the Nasdaq Composite fell by 5.30 points, or 0.02%, to 23,236.69 [3] Sector Performance - Chip stocks, particularly Nvidia and Intel, contributed positively to the market, with the Philadelphia SE Semiconductor index showing significant gains [2] - Industrials and utilities sectors also experienced upward movement, with companies like Caterpillar and Boeing seeing sharp increases [2] Consumer Discretionary Sector - The consumer discretionary sector faced pressure, notably with Amazon's stock declining [3] - Tesla's shares slipped as the company reported a second consecutive year of annual sales decline [3] Economic Indicators - The Federal Reserve's monetary policy is expected to influence global markets in 2026, with expectations of a more dovish Fed chair leading to potential interest rate reductions [5] - Upcoming labor market data is anticipated to be a key focus, especially in light of the Fed's cautious stance on further interest rate cuts until job market clarity is achieved [6] Tariff Developments - President Trump's decision to postpone tariff hikes on upholstered furniture, kitchen cabinets, and vanities for another year positively impacted furniture retailers, with stocks of Wayfair, Williams-Sonoma, and RH rising sharply [8]

Group 1: Market Reaction - Shares in home furnishing retailers experienced significant increases following President Trump's announcement of a one-year pause on higher tariffs on upholstered furniture, kitchen cabinets, and vanities, with RH rising 9.5% and Wayfair jumping 6.3% [1] - Williams-Sonoma's stock, which focuses on kitchenware and home decor, increased by 5.3% [1][15] - Other American furniture retailers, such as Ethan Allen and La-Z-Boy, saw modest gains of 1% and 0.4%, respectively [3] Group 2: Tariff Details - The original tariff rate of 25% on furniture, kitchen cabinets, and vanities, set by Trump in September, will remain in place instead of increasing to 30% and 50% as previously planned [4][7] - The higher tariffs were delayed until January 1, 2027, due to ongoing trade negotiations, not a retreat from the tariff agenda [7] - The White House continues to defend the use of tariffs as a national security measure while addressing trade reciprocity concerns [5][13] Group 3: Economic Impact - Economists had expressed concerns that the proposed tariff hikes could lead to substantial price increases for consumers, as furniture is a tariff-sensitive category and a significant purchase for many American families [4] - In November, furniture and bedding prices were reported to have increased by 3% year-over-year according to the Consumer Price Index [4] Group 4: Industry Performance - The furniture industry had mixed results in the previous year, with Wayfair's shares surging over 125% in 2025 as consumers prioritized value [13] - Conversely, RH's shares fell more than 50% during the same period, with the CEO publicly reacting to the stock decline [13][14] - Williams-Sonoma's stock also dipped more than 3% last year [14]

北京时间1月3日凌晨，美股周五尾盘走高，道指上涨逾300点。芯片板块表现相对强劲。三大股指有望 在2026年的首个交易日录得涨幅。 道指涨324.67点，涨幅为0.68%，报48387.96点；纳指涨31.23点，涨幅为0.13%，报23273.22点；标普 500指数涨19.13点，涨幅为0.28%，报6864.63点。 在过去三年中，标普500指数在每年首个交易日均收跌。据Bespoke Investment Group数据，回溯至1950 年代，并无明显趋势，首日收涨的概率约为48%。 德意志银行策略师写道："总体而言，2025年是强劲的一年，得益于经济持续增长、对人工智能的乐观 情绪以及更多央行降息举措。然而，这些表面上的涨幅掩盖了巨大的波动性，尤其是在4月，特朗普 的'解放日'关税公告引发了二战以来标普500指数第五大两日跌幅。" 华尔街策略师预计2026年美股将进一步上涨。据一项针对市场策略师调查显示，今年标普500指数的平 均目标位为7629点，意味着有11.4%的上行空间。 责任编辑：张俊 SF065 北京时间1月3日凌晨，美股周五尾盘走高，道指上涨逾300点。芯片板块表现相对强劲。三大股指有 ...

Core Viewpoint - The U.S. stock market experienced a significant drop after initially opening strong, while Chinese assets, particularly Chinese concept stocks, maintained a robust performance with a rise of approximately 4% [2][5]. Market Performance - On January 2, the U.S. stock market indices initially followed the Asian market's upward trend but soon began to decline, with the Dow Jones fluctuating and both the Nasdaq and S&P 500 erasing their earlier gains [2]. - The Nasdaq index was reported at 23,168.32, down 0.32% with a trading volume of 2.14 billion shares [4]. - The Nasdaq China Golden Dragon Index rose by 4.22%, reaching 7,847.38, with a trading volume of 0 shares at the time of reporting [6]. Chinese Stocks - Chinese concept stocks showed resilience, with notable gains: Baidu increased by over 12%, and its subsidiary Kunlun Chip has submitted a listing application to the Hong Kong Stock Exchange [5][7]. - Other Chinese stocks also performed well, including Yatsen Global (+11.31%), JinkoSolar (+9.41%), and others, contributing to the overall strength of the Chinese stock market [7]. Sector Movements - The Philadelphia Semiconductor Index surged over 3%, with significant gains from companies like ASML (+9.26%) and Micron Technology (+8.56%) [12][14]. - The decline in the Nasdaq was influenced by major AI software stocks, with Amazon and Microsoft both dropping over 2% [15]. Economic Factors - The stock price of Wayfair and RH rose over 5% due to the postponement of tariffs on soft furniture and kitchen cabinets by the U.S. government [17].

S&P 500, Dow, Nasdaq today: US stocks started off 2026 on a positive note on Friday, with investors leaning back into technology shares and reacting to policy and economic signals that helped lift sentiment.Dow Jones Today Lags but Stays Positive, S&P 500 Index Rises, Nasdaq Composite Leads Gains as Tech Stocks RallyThe S&P 500 rose 0.7% on the first trading day of the year, while the US Stock Market Today Focus: Tech Shares Drive Early 2026 Market OptimismA big reason the market moved higher was renewed st ...

Group 1 - The law firm Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving RH, focusing on whether RH and its executives made false or misleading statements or failed to disclose material information to investors [1][2] - RH reported its fourth quarter and fiscal year 2024 financial results on April 2, 2025, showing earnings per share of $1.58 on revenues of $812 million, which were below the company's previous guidance of $1.92 earnings per share and $830 million in revenue [3] - Following the disappointing financial results, RH's stock price fell by more than 40% [3] Group 2 - RH operates as a high-end home furnishings retailer and lifestyle brand [2] - Robbins Geller is recognized as one of the leading law firms in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [4]

Core Viewpoint - The U.S. stock market opened higher on the first trading day of 2026, with technology stocks attempting to continue the upward momentum from the previous year [1][4]. Group 1: Market Performance - The S&P 500 index has historically closed lower on the first trading day for the past three years, with a roughly 48% probability of closing higher since the 1950s [3][6]. - In 2025, the S&P 500 index rose over 16%, marking its third consecutive annual increase, while the Nasdaq Composite surged over 20% and the Dow Jones Industrial Average increased by approximately 13% [3][6]. - All three major indices reached historical highs last year [3][6]. Group 2: Technology Sector - Technology stocks, particularly Nvidia and Palantir, continued their strong performance from 2025, with Nvidia rising about 39% and Palantir soaring 135% [3][6]. - Other tech giants like Apple, Alphabet, and Microsoft also saw significant gains [3][6]. Group 3: Tariff Impact - The stock prices of online home goods company Wayfair and luxury furniture retailer RH increased following President Trump's announcement to delay tariff hikes on upholstered furniture, kitchen cabinets, and vanities by one year [3][6]. - The tariffs that were postponed include a 30% tariff on upholstered furniture and a 50% tariff on kitchen cabinets and vanities, while maintaining a 25% tariff that has been in effect since September [3][6]. Group 4: Economic Outlook - Deutsche Bank strategists noted that 2025 was a strong year due to sustained economic growth, optimism around artificial intelligence, and additional central bank rate cuts, despite significant volatility [4][7]. - Wall Street strategists predict further gains for U.S. stocks in 2026, with an average target for the S&P 500 index set at 7629 points, indicating an upside potential of 11.4% [4][7].

Market Overview - On January 2, 2026, U.S. stock futures showed a general increase, with S&P 500 futures up by 0.51%, Nasdaq 100 futures up by 0.93%, and Dow Jones futures up by 0.28% [2] - Asian markets experienced a positive start, suggesting a similar trend for U.S. markets, potentially reversing the previous three years of declines on the first trading day of the year [3] Key Stocks and Sectors - Major tech stocks saw significant pre-market gains, with ASML rising nearly 6%, Micron Technology up over 3%, and TSMC, Tesla, and Palantir each up over 2% [2] - Chinese concept stocks also performed well, with Baidu up over 10% and Bilibili up over 4% [2] - In the precious metals sector, silver returned to $74 and gold surpassed $4,370, with mining stocks also showing strong pre-market performance [3] Economic Indicators and Federal Reserve Outlook - Investors are closely monitoring the Federal Reserve's policy direction, with a 14.9% probability of a 25 basis point rate cut in January and an 85.1% chance of maintaining current rates [3] - Barclays maintains its forecast for two rate cuts in 2026, each by 25 basis points, expected in March and June [4] International Market Performance - European indices showed broad increases, with Germany's DAX up by 0.38%, the UK's FTSE 100 up by 0.48%, and France's CAC 40 up by 0.57% [4] Company News - Samsung Electronics and SK Hynix both reached record highs, with Samsung up 7.17% and SK Hynix up 3.99% [6] - Samsung SDS announced a significant investment of 427.3 billion KRW to build a new AI data center [6] - Stellantis plans to resume production of the V8-powered Ram TRX pickup due to relaxed U.S. federal emissions regulations [6] - OpenAI is enhancing its audio AI model in preparation for the launch of its first AI-driven personal hardware device [7]