#报告 瑞银：美股接下来怎么走？None (@None):None ...

Group 1 - The core viewpoint indicates that signals for a rate cut in September have been established, but there remains a possibility for future adjustments depending on economic conditions [1] - The article raises questions about the driving forces behind a potential Federal Reserve rate cut and the implications if no cut occurs, highlighting the uncertainty in the market [1] - It emphasizes the importance of monitoring three key variables that could influence the direction of U.S. stocks and bonds [1]

Company News - EchoStar Communications saw a pre-market surge of 70% following reports that AT&T will acquire spectrum licenses from the company for approximately $23 billion in cash [1] - Eli Lilly's stock rose over 1% in pre-market trading after the company announced results from a second obesity trial for Orforglipron, which showed that the drug led to a 9.6% weight reduction in obese patients [1] Market Dynamics - Major U.S. stock index futures were down before the market opened, with the Dow futures falling by 0.13%, S&P 500 futures down by 0.14%, and Nasdaq futures decreasing by 0.17% [1] - European major stock indices collectively declined, with France's CAC40 index dropping by 1.57%, Germany's DAX index down by 0.42%, the Euro Stoxx 50 index falling by 0.89%, and the UK's FTSE 100 index decreasing by 0.39% [1] - Popular Chinese concept stocks in the U.S. saw most of them rise in pre-market trading, with Xpeng Motors up over 4%, NIO rising over 3%, and Beike increasing by over 2% [1]

Core Viewpoint - Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole meeting is interpreted as a signal for potential interest rate cuts, which has led to a significant rally in the U.S. stock market, with the Dow Jones reaching a historical high [1] Group 1: Market Reactions - Following Powell's hints at rate cuts, U.S. stocks surged, with the Dow Jones achieving a record high [1] - Prior to this rally, the U.S. stock market experienced a decline, with the S&P 500 index falling for five consecutive days [1] Group 2: Analyst Insights - Sun Wu, Chief Financial Market Analyst at MUFG Bank (China), indicated that the Jackson Hole meeting has ushered in a "loose monetary policy" sentiment, enhancing expectations for a rate cut in September [1] - The combination of technical pullbacks and macroeconomic uncertainties contributes to an increased risk of market retracement [1] - The recent pullback in U.S. tech stocks has triggered a reallocation strategy, suggesting a shift towards diversified investment approaches [1]

Group 1 - The core viewpoint of the article is that the Federal Reserve's potential interest rate cut in September is expected to support the performance of the US stock market, with a significant increase in the probability of a rate cut from 72% to 93% following Chairman Powell's speech [1] - UBS believes that if the Federal Reserve initiates a rate cut, it will likely lead to a weaker US dollar, while high-quality fixed income and gold will continue to be viewed as effective hedging tools [1] - The article highlights the potential of artificial intelligence (AI) in driving returns, estimating an annual revenue opportunity of approximately $1.5 trillion, which is three times the current capital expenditure [1] Group 2 - Despite the high valuations in the technology sector, UBS argues that earnings growth provides support, and market sentiment remains rational without signs of a bubble [1] - Investors are advised to maintain broad equity exposure and consider buying on dips to capture growth opportunities presented by AI [1]

Group 1 - U.S. stock market opened slightly higher ahead of Powell's speech [1] - Dow Jones increased by 0.37% [1] - S&P 500 index rose by 0.23% [1] - Nasdaq gained 0.19% [1]

来源：每日经济新闻、央视新闻 编辑：余敏 审定：金官 核发：邹建宾 美联储理事Cook正式拒绝特朗普政府挑起的辞职胁迫。据央视新闻，当地时间8月20日，美国总统特朗 普在其社交平台"真实社交"上发文称，美联储理事丽莎·库克（Lisa Cook）必须立即辞职。 特朗普在帖文中援引了彭博社的一篇报道。该报道指出，美国联邦住房金融局（FHFA）局长呼吁司法 部长帕姆·邦迪对库克在两笔抵押贷款中的问题展开调查。 新闻荐读 美东时间周三（20日），美股三大指数收盘涨跌不一，截至收盘，道指涨0.04%，标普500指数跌 0.24%，纳指跌0.67%。比特币短线跳水，在亚太盘初跌0.3%，逼近11.40万美元。 ...

Group 1 - The U.S. stock market experienced a decline, with the S&P 500 index falling by 1% [1] - The Nasdaq composite index dropped by 1.85% [1] - The Dow Jones Industrial Average saw a smaller decrease of 0.3% [1]

Core Viewpoint - US stock market closed mostly flat on Monday, with major indices taking a breather after a week of gains, as traders await key retail earnings and Federal Reserve Chairman Jerome Powell's annual speech at the Jackson Hole Economic Symposium [1] Group 1 - Dow Jones Industrial Average fell by 0.08% [1] - Nasdaq Composite rose by 0.03% [1] - S&P 500 Index decreased by 0.01% [1]

每经AI快讯，8月18日，美股盘前，三大股指期货走低，标普500指数期货跌0.13%，纳斯达克100指数 期货跌0.02%，道琼斯指数期货跌0.28%。 ...