2025.12.04 纳斯达克中国金龙指数跌1.38%，阿里巴巴跌1.9%，百度、拼多多跌1.4%，网易跌1.0%，京东跌0.6%。 本文字数：1395，阅读时长大约2分钟 作者 |第一财经 樊志菁 周三美国股市三大股指集体走高。最新公布的私营企业就业岗位意外减少，推动美国国债收益率走低， 进而使下周美联储降息的概率小幅上升。截至收盘，道指涨408.44点，涨幅0.86%，报47882.90点，纳 指涨0.17%，报23454.09点，标普500指数涨0.30%，报6849.72点。 明星科技股涨跌互现，微软跌2.5%。媒体援引微软Azure云业务部门两名销售人员的说法，由于在6月 底结束的财年中，多款人工智能产品均未达成销售目标，微软多个业务部门已下调了部分人工智能产品 的销售增长指标。消息传出后，微软股价跳水。随后，微软否认相关报道，跌幅有所收窄。 特斯拉涨4.1%，甲骨文涨3.3%，谷歌涨1.5%，亚马逊跌0.9%，英伟达跌1.0%，Meta跌1.1%。 奈飞跌4.9%，公司联合创始人兼前首席执行官黑斯廷斯出售了37.547万股公司股票，套现约4070万美 元。目前担任公司董事的黑斯廷斯仍持有约2140 ...

Market Overview - The three major U.S. stock indices rose, with the S&P 500 increasing by 0.3% [2] - The private sector employment unexpectedly decreased by 32,000 jobs in November, contrary to the market expectation of an increase of 10,000 jobs [6] - The probability of a 25 basis point rate cut by the Federal Reserve next week has risen to 89% [6] - The two-year U.S. Treasury yield fell to 3.485%, while the ten-year yield dropped to 4.057% [6] Company Performance - Netflix shares fell by 4.9% after co-founder Reed Hastings sold 375,470 shares for approximately $40.7 million [4] - Microsoft shares dropped by 2.5% due to reports of unmet sales targets for several AI products, although the company later denied these claims [3] - Tesla shares rose by 4.1%, Oracle by 3.3%, and Google by 1.5%, while Amazon fell by 0.9%, Nvidia by 1.0%, and Meta by 1.1% [4] - Micron Technology shares declined by 2.2% as the company decided to exit its consumer-grade business [4] - American Eagle Outfitters saw a significant increase of over 14% after reporting strong holiday shopping season performance [4] Industry Insights - The ISM Services Index increased from 52.4% in October to 52.6% in November, indicating stable economic momentum [7] - The S&P Global U.S. Services Index was revised down from an initial value of 55.0% to 54.1%, still indicating industry expansion but at the lowest level since June [8] - International oil prices continued to rebound, with WTI crude oil rising to $58.95 per barrel and Brent crude to $62.67 per barrel [8]