新华社华盛顿10月10日电 美国联邦政府"停摆"10日进入第十天。白宫管理和预算办公室在社交媒 体上宣布，联邦政府裁员已经开始。据美媒报道，此次针对联邦雇员的裁员可能影响广。美国政府雇员 联合会称"已经提起诉讼"。 10月10日，在美国首都华盛顿，美国总统特朗普返回白宫。新华社记者胡友松摄 雇员联合会提起诉讼 白宫管理和预算办公室主任沃特在社媒上发布的消息只有一句话，未透露裁员具体人数、具体部 门。据美国媒体报道，此次针对联邦雇员的裁员可能人数多、影响广。国土安全部、卫生与公共服务 部、财政部等均有裁员计划。 美国政府雇员联合会在社媒上转发沃特这条帖文，称"已经提起诉讼"。该组织全国主席埃弗里特· 凯利在一份声明中表示，特朗普政府以"停摆"为借口，"非法解雇"数以千计为全国各地社区提供关键服 务的雇员，这令人耻辱。"联邦雇员厌倦了被政治人物用作政治和个人利益的棋子。国会是时候履行职 责、立即协商结束这场'停摆'了。" 特朗普和白宫官员先前多次表示，联邦政府一旦"停摆"就会裁员，并称民主党人应对此负责。民主 党领导人则认为，共和党人试图在这场预算争端中把联邦雇员当作棋子，并称这是一种恐吓和威胁手 段。 美媒：解 ...

Market Overview - The U.S. stock market experienced a significant decline on October 10, with the Dow Jones falling by 1.9%, the Nasdaq dropping by 3.56%, and the S&P 500 decreasing by 2.71%, marking the largest single-day drop since April [1][3] - Major technology stocks also saw substantial losses, with Nvidia's market value evaporating by $228.7 billion (approximately 1.63 trillion yuan) in one night [4] Asset Performance - The Nasdaq China Golden Dragon Index fell by over 6%, with notable declines in popular Chinese stocks such as NIO and Baidu, which dropped more than 10% and 8% respectively [4][3] - Gold prices increased, with COMEX gold futures rising by 1.58% to $4,035.50 per ounce, while international oil prices fell, with WTI crude oil dropping by 5.32% to $58.24 per barrel [9][14] Economic Indicators - U.S. Treasury yields collectively decreased, with the 2-year yield falling by 1.63 basis points and the 10-year yield down by 1.95 basis points [5] - The U.S. dollar index fell by 0.56%, closing at 98.977, reflecting a broader trend of currency fluctuations amid market volatility [6] Government Shutdown Impact - The ongoing U.S. government shutdown, which entered its tenth day, has led to concerns about economic data availability and potential impacts on market sentiment [7][15] - Analysts suggest that while the stock market may react negatively in the short term, historical data indicates that the S&P 500 has shown resilience during previous government shutdowns, with an average gain of 2.91% [16][17]

特朗普8日称，被迫休假的雇员可能不会获得补发工资。他9日在一场内阁会议上再次威胁："我们 将削减一些非常受欢迎但并不受共和党欢迎的民主党项目。"此前，特朗普政府多次削减拨给民主党执 政州的联邦资金。 美国媒体指出，解雇联邦雇员并不是政府"停摆"期间的正常做法。通常情况下，美国政府"停摆"期 间，提供"必要服务"的雇员无薪上班，数十万雇员被迫无薪休假。政府重新"开门"后，会给雇员补发工 资。 《纽约时报》一篇报道认为，在政府"停摆"期间试图解雇联邦雇员，特朗普政府此举可能会让当前 财政僵局进一步升级、导致高昂代价。特朗普将"停摆"视为一种政治优势，借此机会重新安排联邦预 算，并对政治对手进行报复。 因国会参议院未能在联邦政府资金耗尽前通过新的临时拨款法案，美国东部时间10月1日零时起， 美国联邦政府时隔近七年再度"停摆"。9日，参议院依旧未能通过新的临时拨款法案，民主党和共和党 的提案均再度遭到否决，双方陷入僵局。 新华社华盛顿10月10日电（记者 熊茂伶 杨伶）美国联邦政府"停摆"10日进入第十天。白宫管理和 预算办公室主任沃特在社交媒体上宣布，联邦政府裁员已经开始。 沃特在社媒上发布的消息只有一句话，未透露 ...

隔夜，现货黄金收盘暴跌65.53美元，跌幅1.62%，最终收报于3976.04美元。今日亚市盘中，黄金短线突然快速下滑，最低跌至3946.29美元，目前在3993 美元附近徘徊。 美联储话术救市！ 此外，美参议院再次否决两党拨款法案。 当地时间9日，美国共和党提出的结束美国政府停摆的法案未能在参议院获得足够票数，法案未获通过。 美国总统特朗普当天表示，鉴于美国国会在重启政府问题上似乎仍陷于僵局，他计划削减一些受民主党欢迎的联邦项目。 特朗普没有具体说明他计划削减哪些项目，但特朗普几天来一直威胁称，如果民主党继续坚持要求以让步换取通过联邦拨款法案，他将开始大规模裁员。 当天稍早前，美国民主党提出的临时拨款法案在国会参议院的投票中再次未获通过。 隔夜，美股三大指数全线下跌，截至收盘，道指、纳指、标普500指数分别下跌0.52%、0.08%、0.28%。 消息面上，在隔夜美国股市连同黄金携手下跌后，美联储官员改口了，按下恐慌暂停键。 当地时间9日，纽约联邦储备银行行长威廉姆斯明确表态，支持在今年内进一步下调利率，以应对劳动力市场可能出现的急剧放缓风险。他表示，并不认 为美国经济处于衰退的边缘，通胀前景不像今年早些时 ...

美政府"停摆"将延长至下周 两党互相指责僵局难破 另一方面，特朗普政府已开始在全美机场播放一段视频，国土安全部部长诺姆在视频中称，已持续9天 的政府停摆"应由民主党人负责"。 视频中，诺姆对旅客表示："国会中的民主党人拒绝为联邦政府提供资金，正因如此，我们的多项运作 受到影响，绝大多数运输安全管理局员工正无薪工作。" 报道称，此次政府停摆已造成空中交通管制员人手短缺，导致美国多个机场出现航班延误。特朗普政府 表示，尽管停摆结束前无法获得薪酬，约1.3万名空中交通管制员和5万名运输安全管理局工作人员仍需 到岗工作；且自政府资金中断以来，申请病假的空中交通管制员数量已出现小幅上升。 来源：中国新闻网 编辑：付健青 中新网10月10日电 据美国哥伦比亚广播公司(CBS)报道，当地时间9日，美国共和党提出的临时拨款法 案再次在国会参议院受阻，关门僵局难解，而参议院本周不会再就临时拨款法案举行任何投票，这意味 着政府"停摆"至少将延续至下周二参议院复会。 报道称，民主党人、国会众议院少数党领袖杰弗里斯在国会大厦台阶上发言，批评参议院共和党人"陷 入了典型的立法疯狂"。杰弗里斯表示："他们一遍又一遍地做着同样的事情，一次 ...

2025年"双节"假期，全球黄金市场迎来"史诗级"行情——伦敦金现单周狂揽近200美元，从9月30日的3857.83美元/盎司一路飙升至10月8日的4040.42美元/ 盎司，历史性突破4000美元大关，盘中更一度触及4059.31美元高位。截至10月9日发稿前，伦敦金现仍稳守4041.46美元/盎司高位，较节前涨幅超4.76%。 国内金价同步开启"狂飙模式"。10月9日，周生生足金饰品报价飙至1174元/克，较9月30日上涨46元；周大福、六福珠宝足金价格亦达1168元/克，较节前 上涨45元。对比去年国庆期间金价，今年头部品牌金饰单克价格已飙升近400元，一年时间涨幅超50%。 对于此轮金价暴涨，前海开源基金首席经济学家杨德龙向时代周报记者分析称，在美联储降息预期增强、美国政府停摆等因素的影响之下，国际金价在近 期出现大幅上升，突破4000美元/盎司大关。短期国际金价的快速上涨可能会存在一些调整的可能性，但长期来看，美联储降息周期仍然有利于国际金价 的上升。 截至10月9日发稿前，伦敦金现报4041.46美元/盎司，较节前涨幅4.76%；COMEX黄金期货报4061.4美元/盎司，较节前涨幅4.83%。 ...

1. Report Industry Investment Ratings - The rating for the building materials industry is "Oscillatory consolidation" [3]. - The rating for the aluminum industry is "Expected to be strong in the short - term and oscillatory, pay attention to macro - sentiment and mining news" [4]. 2. Core Views - For building materials, in a pattern of weak supply and demand, with pessimistic market sentiment, the price center continues to decline. The winter storage this year is sluggish, and the price is expected to oscillate and consolidate. Later, attention should be paid to macro - policies and downstream demand [3]. - For aluminum, in the short - term, due to the continuous overseas interest - rate cut expectation, the favorable macro - atmosphere and stable fundamentals, the price is expected to remain oscillating at a high level. Attention should be paid to the inventory - consumption trend [4]. 3. Summary according to Content For building materials - **Production suspension situation**: Yungui region's short - process construction steel enterprises will suspend production from mid - January, with an expected impact on the total production of 741,000 tons. In Anhui, 1 out of 6 short - process steel mills stopped production on January 5, most will stop around mid - January, and some will stop after January 20, affecting the daily output by about 16,200 tons [2][3]. - **Real - estate transaction data**: From December 30, 2024, to January 5, 2025, the total transaction area of newly - built commercial housing in 10 key cities was 2.234 million square meters, a 40.3% decrease from the previous period and a 43.2% increase from the same period last year [3]. - **Market situation**: Building materials prices continued to decline and reached a new low. With weak supply and demand and pessimistic sentiment, the price center moved down. This year's winter storage is sluggish, providing little support for prices [3]. For aluminum - **Production data**: In September, domestic electrolytic aluminum production increased by 1.14% year - on - year and decreased by 3.18% month - on - month. In September, the proportion of molten aluminum increased slightly, and in the first week of October, the overall start - up rate of aluminum processing adjusted seasonally with obvious internal differentiation [3]. - **Sub - sectors of aluminum processing**: The start - up rate of aluminum cables decreased due to logistics and price factors, but orders are strong and are expected to recover. The start - up rate of aluminum profiles decreased slightly, with weak new orders for building profiles and differentiated performance of industrial materials and photovoltaic frames. The start - up rate of aluminum sheets and strips decreased by 1 percentage point, affected by capital and accounts receivable. The start - up rate of aluminum foil decreased slightly, with stable demand for industrial products but weakening peak - season momentum [3]. - **Inventory situation**: On October 9, the inventory of electrolytic aluminum ingots in major domestic consumption areas was 649,000 tons, an increase of 57,000 tons from September 29 and 32,000 tons from September 25. The destocking in September was less than expected, and the premium of electrolytic aluminum may face pressure in the early post - festival period. In October, some northern enterprises expect to increase the proportion of molten aluminum, and the ingot - casting volume is expected to remain low, supporting the aluminum price [3].

特朗普没有具体说明他计划削减哪些项目，但特朗普几天来一直威胁称，如果民主党继续坚持要求以让步换取通过联邦拨款法案，他将开始大规模裁 员。 当天稍早前，美国民主党提出的临时拨款法案在国会参议院的投票中再次未获通过。（央视记者 吴汉婴） 当地时间9日，美国共和党提出的结束美国政府停摆的法案未能在参议院获得足够票数，法案未获通过。 美国总统特朗普当天表示，鉴于美国国会在重启政府问题上似乎仍陷于僵局，他计划削减一些受民主党欢迎的联邦项目。特朗普称，他们"将进行永久 性的削减，而且只会削减民主党的项目"。 ...

Group 1 - The core reason for the US government shutdown is the dispute over extending healthcare subsidy policies, particularly the enhanced tax credits under the Affordable Care Act, with Democrats advocating for their extension and Republicans opposing the bundling of this issue with temporary funding measures [1][8][41] - The market anticipates the shutdown could last over 15 days, with a 67% probability for such a duration, as the House has passed a temporary funding bill but the Senate has failed to reach the necessary votes [1][9][41] Group 2 - During the government shutdown, non-essential government activities cease, while essential services related to life, property, and national security continue to operate [2][12][42] - Federal statistical data releases may be suspended, affecting key economic indicators such as retail sales, employment rates, and consumer price indices [2][14][42] Group 3 - Historically, the US government has experienced 11 shutdowns since 1980, with an average duration of 8.6 days, and October is noted as a peak month for such events [3][16][43] - Shutdowns are typically triggered by two types of disputes: fiscal policy disagreements and political maneuvering, with the latter often involving the bundling of unrelated policy issues with budget negotiations [3][21][22][43] Group 4 - The impact of a government shutdown on GDP is relatively minor, with a one-month shutdown estimated to reduce GDP by only 0.02%, primarily due to delayed government spending and employee salaries [4][24][44] - A previous shutdown lasting 34 days resulted in a permanent GDP loss of approximately $3 billion, which also corresponds to a 0.02% reduction in GDP for that year [4][24][44] Group 5 - The shutdown may lead to a slight temporary increase in the unemployment rate, but this is expected to revert after government operations resume [5][29][30][45] - During the 2019 shutdown, the unemployment rate rose by 0.1 percentage points but subsequently fell by 0.2 percentage points after the government reopened [5][30][45] Group 6 - The long-term effects of a government shutdown on major asset classes are limited, with the S&P 500 index showing an average increase of 2.91% during shutdown periods [6][35][46] - Treasury yields tend to decline slightly during shutdowns, with the 10-year yield averaging a drop of 2.25 basis points [6][36][46] - The US dollar typically weakens but the decline is modest, averaging a drop of 0.30% during shutdowns [6][36][46]

Core Points - The U.S. government shutdown has entered its eighth day, with no signs of compromise between the two parties despite ongoing negotiations [1][3] - The core issue of contention is healthcare subsidies, with both parties entrenched in their positions, leading to a stalemate [4][10] - The White House has indicated that furloughed federal employees may not receive automatic back pay, a departure from past practices, which has intensified the political pressure [5][18] Group 1: Legislative Developments - The Senate has repeatedly failed to pass temporary funding bills, with both Republican and Democratic proposals being rejected [4][10] - The Republican plan aims to resume government operations without extending healthcare subsidies, while the Democratic plan seeks to extend pandemic-era healthcare subsidies until 2026 [4][10] - The lack of a viable bipartisan negotiation framework has resulted in a battle of endurance rather than constructive dialogue [4][10] Group 2: Economic Impact - The shutdown has led to significant operational disruptions, including delays at major airports due to air traffic controller shortages and a halt in IPO approvals by the SEC [6][11] - The SEC has reported that over 90% of its employees are on leave, which could severely impact market activities and corporate financing [6][11] - Economic models suggest that the shutdown could result in approximately $15 billion in GDP losses per week, raising concerns about long-term financial stability [13][18] Group 3: Potential Outcomes - Analysts predict three possible scenarios: a quick resolution within 5-10 days, a prolonged stalemate lasting 2-3 weeks, or a worst-case scenario extending up to a month [11][12][13] - A quick resolution is seen as likely due to mounting economic pressures and public sentiment, which could force a compromise [11][18] - If the impasse continues, it may lead to significant political and economic repercussions, including a potential credit rating downgrade [13][18] Group 4: Political Dynamics - Public opinion is expected to play a crucial role in influencing the negotiations, particularly as federal employees face financial strain [17][18] - Market sentiment is also shifting, with concerns about regulatory gaps and data availability affecting financial sectors [17][18] - Internal divisions within both parties may create opportunities for compromise, as moderate Republicans and some Democrats express the need for fiscal constraints [17][18]