U.S. stock futures rose on Wednesday following Tuesday’s declines. Futures of major benchmark indices were higher.Federal Reserve Chair Jerome Powell acknowledged that "by many measures… equity prices are fairly highly valued,” on Tuesday. However, while acknowledging the high valuations, Powell sought to temper immediate fears. He added that he does not believe this is a "time of elevated financial stability risks," suggesting the central bank is not yet alarmed about systemic threats from asset prices. In ...

Even in the AI boom, digital real estate companies like Opendoor (OPEN) and Better Home (BETR) remain hot names. "You want to understand these names," Robinhood Markets chief investment officer Stephanie Guild said on Yahoo Finance's Opening Bid. "They're not going to go away." Although Opendoor stock fell over 10% during Tuesday's trading, the stock is up a whopping 367% year to date and over 268% in the past 12 months. Meanwhile, Better Home's stock jumped 30% Tuesday. Shares have catapulted over 630% ...

I'm going to continue to have talk about this big picture. John Lonsky, president of Lansky Group and former chief economist at ME's investor services with me. John, it's great to have you on on this big important day.We got the 25 basis points and it looks like the 50 bips are coming, so maybe two more cuts between now and the end of the year. What how do you interpret this. Well, the Federal Reserve is eliciting to the financial markets that we're arguing for Fed funds ending the year uh no higher than 3. ...

亚洲股市表现 - 亚洲股市涨跌互现 美国生产者价格下降推升美联储降息预期 抵消地缘政治紧张和南亚政治动荡的影响[1] - 上证综合指数上涨1.65%至3875.31点 人工智能乐观情绪推动中国股市走强[2] - 香港恒生指数下跌0.43%至26086.32点 获利了结压制市场 但企业盈利增长和政策支持预期仍存[3] - 日经225指数大涨1.22%至44372.50点创历史新高 东证指数微升0.22%至3147.76点[4] - 韩国Kospi指数上涨0.90%至3344.20点创纪录新高 实现连续八个交易日上涨[5] - 澳大利亚S&P/ASX 200指数下跌0.29%至8805点 医疗保健股拖累市场[6] - 新西兰S&P/NZX-50指数下跌0.35%至13229.15点[6] 行业与个股动态 - 科技股表现强劲 软银集团股价大涨近10% 因其Stargate项目合作伙伴甲骨文给出积极的云业务展望[5] - 制药股大幅下挫 特朗普政府考虑对实验性药品进口实施新限制的报道引发行业担忧[2] - 澳大利亚Nine Entertainment股价暴跌36% 除息日效应及30亿澳元Domain出售交易影响[6] 宏观经济数据 - 美国8月整体CPI同比预计上升2.9% 为1月以来最快增速 核心CPI预计维持在3.1%[2] - 日本8月批发通胀同比上升2.7% 符合预期 企业信心调查显示大型企业情绪两个季度来首次转正[3] - 美元兑一篮子货币小幅走强 黄金微跌 油价在三日连涨后企稳[7] - 美国国债收益率触及4月以来最低水平 因生产者通胀数据低于预期强化降息预期[7] 政策与市场预期 - 美联储政策会议预计将降息25个基点 若核心CPI数据不及预期则存在降息50个基点的可能性[1] - 韩国总统李在明表示不会推进修订股票投资资本利得税的计划 提振市场情绪[5]

纪要涉及的行业或者公司 涉及美国宏观经济相关行业，未提及具体公司 纪要提到的核心观点和论据 劳动力市场 - **核心观点**：4月劳动力市场表现良好，但后续可能走弱，预计美联储下次降息时间推迟至7月 [1][4][7][8] - **论据**：4月非农就业人数增加17.7万，失业率稳定在4.2%，就业不足率变化不大，显示劳动力市场健康；不过，截至4月已宣布约60万裁员，远高于2024年同期，预计下半年就业人数将大幅下降，失业率将上升 [2][6][25] GDP数据 - **核心观点**：第一季度GDP初值下降0.3%夸大了关税影响，预计2025年GDP将下降0.3% [13][23] - **论据**：国内私人部门支出强劲，GDP下降主要受进口激增和政府支出疲软影响；库存和净出口数据测量精度较低，其他指标显示经济表现较好 [13][15] 通胀压力 - **核心观点**：库存积累可能延缓成本推动型通胀压力，但供应链中断带来的通胀压力正在加剧 [4] - **论据**：4月汽车经销商未调整现有库存汽车价格；ISM制造业PMI数据显示供应商交货时间延长，投入价格指数上升，表明供应链压力和成本压力加剧 [20] 美联储政策 - **核心观点**：预计美联储下周维持利率不变，下次降息时间推迟至7月，2025年还将降息两次，2026年再降息两次 [8][9][38] - **论据**：当前就业数据不支持立即降息，且通胀和就业目标之间存在紧张关系；推迟降息至7月可获取更多劳动力市场数据，同时解决政策不确定性问题 [4][7][8] 其他重要但是可能被忽略的内容 - **数据回顾**：3月批发库存初步估计环比增长0.5%，商品贸易逆差扩大至1620亿美元；4月消费者信心指数降至86.0，为2020年5月以来最低 [34] - **数据预览**：预计4月ISM服务业PMI降至49.3；预计美联储下周维持政策利率在4.25 - 4.50%不变 [36][38] - **地区分布**：介绍了报告在不同地区的分发主体和相关监管信息，如美国由Barclays Capital Inc.分发，英国由Barclays Bank PLC分发等 [64][68]