科技股和小盘股——从六月低点小幅反弹的两个最强劲板块——在这个下跌的交易日受到的打击最为严重。
Tech and small-cap stocks led the decline on Wednesday as investors awaited key inflation data. The Dow Jones Industrial Average fell 56.03 points, or 0.17%, to 32,027.09. The S&P 500 lost 16.74 points, or 0.42%, to 4,008.85. The Nasdaq Composite dropped 150.40 points, or 1.19%, to 12,317.66.The tech-heavy Nasdaq and small-cap Russell 2000 , which has gained 12% in the past month, led the declines on Wednesday, falling 1.19% and 1.58%, respectively, ahead of the CPI report. Markets typically experience a sell-off in the lead-up to major economic prints.
由于投资者等待关键通胀数据，科技股和小盘股周三领跌。道琼斯工业平均指数下跌 56.03 点，跌幅 0.17%，至 32,027.09 点。标准普尔 500 指数下跌 16.74 点，跌幅 0.42%，至 4,008.85 点。纳斯达克综合指数下跌 150.40 点，跌幅 1.19%，至 12,317.66 点。过去一个月上涨 12% 的科技股纳斯达克指数和小型股罗素 2000 指数周三领跌，分别下跌 1.19% 和 1.58% ，在CPI报告之前。市场通常会在主要经济出版物发布之前经历抛售。
CPI is expected to ease 40 basis points month-over-month to +8.7%—still notably high—on +6.1% core, which would mark an increase of 20 basis points month-over-month. While traders will be watching these pending figures closely, even a strong surprise to the downside, such as 6% headline and 4% core, would still leave inflation well above the Fed’s optimal levels. As such, even very good CPI numbers are unlikely to deter the central bank from continuing to hike the Fed funds rate.
CPI 预计将环比下降 40 个基点至 +8.7%，核心值 +6.1%，仍显着较高，这意味着环比上涨 20 个基点。尽管交易员将密切关注这些悬而未决的数据，但即使是大幅下行，例如 6% 的总体增长率和 4% 的核心增长率，仍将使通胀远高于美联储的最佳水平。因此，即使消费者物价指数非常好，也不太可能阻止央行继续加息。
The markets have also been in a holding pattern of sorts in August, with no Fed meeting to gauge interest rate hikes. We’re now in “watch the petri dish” mode, observing the Fed’s handiwork in drips and drabs of economic data. July CPI will be the biggest, arguably, of the entire month, with last Friday’s robust jobs report already in the books. But there will also be Housing Starts and Retail Sales next week, which should also color in our current picture.Two companies that went public during the pandemic reported their Q2 results after the closing bell Tuesday, and both missed the mark on the bottom line by a wide margin. Coinbase Global COIN lost -$4.98 per share in the quarter, and Roblox RBLX came in at -$0.30 per share. This compares unfavorably to the Zacks consensus of -$3.04 per share and -23 cents, respectively.We moderate a bit on quarterly sales; Coinbase brought in $808 million, which fell short of the $877 million analysts were expecting and was down 31% quarter over quarter and 64% year over year. Roblox, on the other hand, beat expectations in the quarter on revenues—$640 million versus $636.6 million expected, with Daily Active Users (DAU) up 21% year over year. Coinbase counted 9 million users on net trading volume, which was down 53% from a year ago.It’s the videogame maker that’s really taking the hit in late trading, down 12%; the crypto exchange platform is down 3.5% at this hour. Both companies have struggled to meet bottom-line expectations in the quarters since their initial public offerings in early 2021, as the waning pandemic has dimmed their fortunes somewhat. Coinbase is down 65% year to date, and Roblox is down 52%. Lower guidance from both could lead to lower near-term Zacks Ranks for the #3- (Hold) rated stocks.Wynn Resorts WYNN took an expected hit from shutdowns at its Macau locations due to government-mandated Covid closures in the quarter just reported but outperformed on its bottom line: -82 cents per share versus -94 cents expected (and the -$1.12 per share reported a year ago) on $909 million in revenues, which fell short of the $1.01 billion Zacks consensus. Bigger-than-expected gains in Las Vegas and Boston Harbor properties helped to offset the weakness in its Macau businesses.
八月份市场也处于某种停滞状态，美联储没有召开会议来衡量加息。我们现在处于“观察培养皿”模式，观察美联储在点滴经济数据中的表现。 7 月 CPI 可以说是整个月中最高的，上周五强劲的就业报告已经公布。但下周还将有新屋开工和零售销售数据，这也应该会影响我们目前的情况。两家在疫情期间上市的公司在周二收盘后公布了第二季度业绩，两家公司的净利润均未达标。宽裕度。 Coinbase Global COIN 本季度每股下跌 4.98 美元，Roblox RBLX 每股下跌 0.30 美元。这与 Zacks 每股 - 3.04 美元和 -23 美分的共识相比不利。我们对季度销售额进行了一些调整； Coinbase 带来 8.08 亿美元的收入，低于分析师预期的 8.77 亿美元，环比下降 31%，同比下降 64%。另一方面，Roblox 本季度的收入超出预期，达到 6.4 亿美元，而预期为 6.366 亿美元，每日活跃用户 (DAU) 同比增长 21%。 Coinbase 的净交易量为 900 万用户，比一年前下降了 53%。尾盘交易中真正受到打击的是视频游戏制造商，下降了 12%；加密货币交易平台此时下跌 3.5%。自 2021 年初首次公开募股以来，这两家公司在几个季度都难以达到底线预期，因为疫情的减弱在一定程度上削弱了它们的命运。 Coinbase 今年迄今下跌 65%，Roblox 下跌 52%。两家公司较低的指引可能会导致排名第三（持有）评级的股票的近期 Zacks 排名下降。永利度假村 WYNN 因政府在刚刚报告的季度强制关闭新冠疫情而受到其澳门地点关闭的预期打击，但其盈利表现优于大盘：每股-82美分，而预期为-94美分（以及一年前报告的每股-1.12美元），收入为9.09亿美元，低于 Zacks 10.1 亿美元的共识。拉斯维加斯和波士顿港物业的涨幅超出预期，有助于抵消其澳门业务的疲软。
