环球市场动态 美 国 关 税 通 胀 见 顶 时 间 后 移 股 票 周三亚太股市个别发展，MSCI 不 排除将印度尼西亚降级至前沿市 场，拖累股市大跌 7.3%。港股高开 高走，A 股涨跌不一。奢侈品股受 压，欧股下跌。美联储一如预期维 持利率不变，美股个别发展，变动 不大。 外 汇 / 商 品 特朗普警告伊朗尽快达成核协议， 美伊局势紧张，周三纽约期油升至 四个月高位，国际金银价格续创新 高；贝森特关于美国绝没有入市干 预日元的表态也为美元带来支撑， 在美联储维持利率不变之后美元指 数触及日内高点。 固 定 收 益 美联储维持利率不变在 3.50%– 3.75%。美国国债持稳，收益率曲线 略微走平。声明称就业风险减弱， 并不急于进一步降息。日本 40 年 期国债拍卖结果较好推动市场企 稳。贝森特否认将干预日元汇率。 亚洲债市企稳，债券利差普遍收窄。 产品及投资方案部 注：bp/bps=基点；pt/pts=百分点 中信证券财富管理 (香港) 免责声明请参考封底 2026 年 1 月 29 日 ▪ 美联储 2026 年 1 月议息会议维持政策利率不变，符合市场预期。议息会议声明和鲍威尔发言均表示美国失业 率出 ...

一、市场: ●1月29日收盘：联储按兵不动 标普指数小幅收跌 北京时间1月29日凌晨，美股收盘涨跌不一，标普500指数小幅收跌，美国国债收益率走高。美联储结束2026年首次议息会议，维持基准利率在3.50%-3.75% 区间不变，上调经济增长评估。市场预计在鲍威尔五月任期结束前，美联储都将维持利率不变。芯片股受积极财报提振早盘上涨，英伟达等普遍走高，但涨 势未扩散至芯片股以外，标普500指数最终转跌。此外，微软等科技巨头财报即将出炉，非科技板块中，星巴克股价微涨，其首季营收超预期但盈利未达预 期。 ●1月29日美股成交额前20：Carvana被指人为虚增利润，股价重挫14% 周三美股成交额前20的公司表现各异。英伟达收高1.58%，芯片板块普涨，有报道称其和亚马逊或参与OpenAI融资轮；特斯拉收跌0.10%，盘后涨近4%，公 布第四季度多项财务数据；美光收高6.10%，存储概念股普涨，其与新加坡胜科工业扩大购电协议；苹果收跌0.71%，iPhone Air市场接受度低，周四将发布 财报；英特尔收高11.04%；闪迪收高9.60%；Carvana收跌14.17%，被指人为虚增利润；Palantir收跌5.04 ...

Speaking on Wednesday, Mr Powell said that the court battle “is perhaps the most important legal case in the Fed’s 113-year history”.The investigation into Mr Powell comes after Mr Trump tried to sack Fed governor Lisa Cook over unproven allegations of mortgage fraud, a move that she is contesting in the Supreme Court.“This is the route by which inflation creeps up gradually, and then you find yourself with a problem which only a deep recession can solve.”“I do think that the current situation is a challeng ...

Amazon and luxury groups including LVMH and Chanel will serve on the official committee of unsecured creditors in the bankruptcy of Saks Global Enterprises, positioning them to influence how the retailer restructures. https://t.co/ppXXI4mGhd ...

Market Overview - Technology stocks have driven U.S. markets higher for the second consecutive day, with investors positioning ahead of major tech earnings and the Federal Reserve's interest rate decision [2][25] - As of the latest update, Dow futures rose 0.04%, S&P 500 futures increased by 0.37%, and Nasdaq futures climbed 0.95% [3][26] - The MSCI global stock index is hovering near record highs, with the Nasdaq 100 index futures approaching last October's record [3][26] - The overall optimistic market sentiment is attributed to expectations that the Federal Reserve will maintain its current interest rates, with pricing indicating potential rate cuts in 2026 [3][26][27] Sector Performance - The technology sector is expected to continue driving market gains, with UBS Wealth Management's Chief Investment Officer suggesting that the current rebound is not over yet [4][27] - Semiconductor equipment manufacturer ASML reported a significant increase in orders, leading to a 7.5% rise in its stock price [3][26] - Asian tech stocks also saw gains, influenced by SoftBank's discussions to invest $30 billion in OpenAI [3][26] Individual Stock Movements - Seagate Technology shares rose over 10%, Western Digital increased by 7.5%, SanDisk gained 5.2%, and Micron Technology saw a nearly 4% rise in pre-market trading [12][33] - Starbucks stock jumped 10% after reporting first-quarter net revenue exceeding expectations [34] - Texas Instruments shares rose over 7% with Q4 revenue and Q1 guidance surpassing forecasts [35] - AT&T's stock increased by 3.4% following a higher-than-expected annual earnings forecast [36] - Intel shares continued to rise by 4.8%, reportedly due to Nvidia's plans to shift some chip production to Intel [37] - C3.ai stock surged over 11% as it discusses a merger with Automation Anywhere [38] Economic Indicators - The U.S. dollar index rose 0.25% to 96.16 after previously hitting a four-year low [31] - Gold prices surged to over $5,280 per ounce, reflecting increased geopolitical and economic risks [10][32] - Brent crude oil futures reached a four-month high, slightly above $68 per barrel [32]

TOM: TOM: GOOD MORNING. GOOD MORNING. HERE'S WHAT'S ON THE AGENDA.TRUMP GREEN LIGHTS A WEAKER DOLLAR. DOLLAR. GOLD HITS ANOTHER RECORD. GOLD HITS ANOTHER RECORD.ASML PRINCE A MASSIVE BEAT WITH ASML PRINCE A MASSIVE BEAT WITH MAG 7 EARNINGS INCOMING. MAG 7 EARNINGS INCOMING. GUY: GUY: YOU MENTIONED THE DOLLAR. YOU MENTIONED THE DOLLAR.WE'VE SEEN BIG MOVES OVERNIGHT. WE'VE SEEN BIG MOVES OVERNIGHT. EURO-DOLLAR. EURO-DOLLAR.WE’VE HAD A ONE TOUCH -- A TOUCH OF 120 OVERNIGHT. GOLD IS HEADED FOR A HUGE DAY AS WEL ...

Economic Data - The U.S. Conference Board's consumer confidence index fell to an 11-1/2-year low of 84.5 in January, below expectations of 90.6 [1] - The U.S. November S&P/CS HPI Composite - 20 n.s.a. rose by 1.4% year-over-year, exceeding expectations of 1.2% [1] - The U.S. Richmond Fed manufacturing index increased to -6 in January, slightly below expectations of -5 [1] Stock Market Performance - Wall Street's major indexes closed mixed, with the S&P 500 reaching a new record high [2] - Corning (GLW) surged over 15% after announcing a multiyear deal worth up to $6 billion with Meta Platforms for data center materials [2] - Micron Technology (MU) rose more than 5% after announcing a $24 billion investment in Singapore to expand manufacturing capacity [2] - General Motors (GM) advanced over 8% following better-than-expected Q4 adjusted EPS and solid FY26 guidance [2] - UnitedHealth Group (UNH) dropped more than 19% after projecting a revenue decline for 2026 [2] Corporate Earnings - ASML Holding (ASML) shares climbed over 6% after reporting Q4 net bookings nearly double analysts' forecasts and expecting solid sales growth [3][12] - The Magnificent Seven companies, including Microsoft (MSFT), Meta Platforms (META), and Tesla (TSLA), are expected to deliver 20% profit growth in Q4, the slowest pace since early 2023 [6] - Seagate Technology Holdings (STX) jumped more than 10% after posting upbeat FQ2 results and strong FQ3 guidance [14] International Market Developments - The Euro Stoxx 50 Index fell by 0.10%, with luxury stocks like LVMH declining over 7% due to weak sales growth [8] - China's Shanghai Composite Index closed up 0.27%, with non-ferrous metal stocks rising as gold prices reached a record high [10] - Japan's Nikkei 225 Stock Index closed slightly higher, boosted by technology stocks following ASML's strong results [11] Federal Reserve and Economic Outlook - The Federal Reserve is expected to keep the Fed funds rate unchanged in a range of 3.50% to 3.75% [5] - Investors are anticipating signals from Fed Chair Jerome Powell regarding future rate cuts, with a 25-basis-point cut fully priced in for July [5]

Group 1 - LVMH shares experienced a decline of up to 8% early Wednesday [1] - Over the past year, LVMH has lost more than 25% of its value [1]

（文章来源：每日经济新闻） 每经AI快讯，1月28日，欧洲斯托克50指数开盘涨0.45%，德国DAX指数跌0.1%，英国富时100指数平 开，法国CAC 40指数跌0.5%。LVMH股价下跌6.2%。 ...

LVMH shares fell 7% on Wednesday following its fourth-quarter results announcement, with the market disappointed at the luxury group's weaker margins and cautious tone on the initial signs of a recove... ...