作者 | 第一财经 樊志菁 周三美股全线收高，市场关注美联储9月降息前景。截至收盘，道指涨463.66点，涨幅1.04%，报 44922.27点，纳指涨0.14%，报21713.14点，标普500指数涨0.32%，报6466.58点。 标普和纳 指分别迎来今年第17个和第20个收盘历史新高，道指距离刷新高位仅一步之遥。与此同时，追踪对 利率敏感的小盘股公司的罗素2000指数上涨近2%，创下六个月新高。 明星科技股跌多涨少，苹果涨1.6%，报道称公司正计划向人工智能机器人、家庭安全和智能显示器 方向扩张。亚马逊涨1.4%，特斯拉跌0.4%，谷歌跌0.5%，英伟达跌0.8%，Meta跌1.2%，微软 1.6%。 纳斯达克中国金龙指数涨超2%。阿里巴巴、百度涨超3%，网易涨超2%，京东涨超1%。 美国财长贝森特呼吁降息，"利率太严格了……我们可能应该低150到175个基点，"他补充道："9 月份降息50个基点的可能性很大。" 根据芝加哥商品交易所联邦观察工具的数据，交易员已完全定价9月降息。其中，降息25个基点的可 能性为95.8%，降息50个基点的可能性为4.2%。 2025.08. 14 本文字数：1096，阅 ...

Market Overview - The U.S. non-farm payrolls increased by 73,000 jobs last month, falling short of the expected increase of 104,000 jobs, with the unemployment rate rising by 0.1 percentage points to 4.2% [3] - The employment growth for the previous two months was significantly revised downwards, causing surprise among analysts [3] - Employment growth has been concentrated in previously understaffed sectors such as healthcare and social assistance, with a steady decline in the breadth of job creation in recent months [3] Stock Market Performance - Major U.S. stock indices fell sharply, with the Dow Jones down 542.40 points (1.23%) to 43,588.58, the Nasdaq down 2.24% to 20,650.13, and the S&P 500 down 1.60% to 6,238.01 [1] - Amazon's stock dropped by 8.3% due to lower-than-expected revenue guidance for the third quarter [5] - Other major tech stocks also performed poorly, with Apple down 2.5%, Nvidia down 2.3%, and Tesla and Microsoft down 1.8% [6] Bond Market - U.S. Treasury yields fell sharply, with the two-year yield dropping by 26.5 basis points to 3.7% and the ten-year yield down by 15.1 basis points to 4.22% [4] - The probability of a rate cut in September surged to over 80% according to the FedWatch tool [4] Consumer Sentiment - The University of Michigan's survey indicated that U.S. consumer confidence rose for the second consecutive month in July, although overall market sentiment remains negative [3] Commodity Market - Gold prices surged due to increased risk aversion, with October contracts surpassing $3,400, marking a 2.02% increase [8] - Oil prices were pressured by economic uncertainty and OPEC+ production increase expectations, with WTI crude down 2.79% to $67.33 per barrel and Brent crude down 2.83% to $69.67 per barrel [7]