纳斯达克、标准普尔 500 指数随着科技股下跌而下跌；拉塞尔 2000 拉力赛

由于大型科技公司和航空公司的股价暴跌，纳斯达克综合指数和标准普尔 500 指数周四下跌，而由于对美联储可能很快降低基准利率的预期不断增强，其他有望受益于较低利率的行业的股价上涨。

Major stock indexes fell Thursday as shares of big tech companies and airlines tumbled, while shares of other sectors that stand to benefit from lower interest rates rose on growing expectations that the Federal Reserve could soon cut its benchmark rate.

由于大型科技公司和航空公司的股价暴跌，主要股指周四下跌，而由于对美联储可能很快下调基准利率的预期不断增强，预计受益于较低利率的其他行业的股价上涨。

The Nasdaq Composite was down 1.7% in late trading, while the S&P 500 fell 0.8%. The declines threaten to end a seven-session winning streak for the two major indexes, which have hit a series of record highs since the start of the month. The Dow Jones Industrial Average was up 0.1% Thursday.

纳斯达克综合指数尾盘下跌 1.7%，标准普尔 500 指数下跌 0.8%。此次下跌可能会结束两大股指连续七个交易日上涨的势头，自本月初以来，这两个股指已创下一系列历史新高。周四道琼斯工业平均指数上涨 0.1%。

In sharp contrast, the Russell 2000 index of smaller companies was up more than 3%.

与此形成鲜明对比的是，较小公司的罗素2000指数上涨了3%以上。

The recent rally for major indexes has been fueled by the strong performance of tech stocks and hopes the Fed will cut its influential fed funds rate as soon soon as September.

科技股的强劲表现推动了主要股指近期的上涨，并希望美联储尽快在 9 月份降低其有影响力的联邦基金利率。

On Thursday, however, tech stocks were leading the Nasdaq lower. AI investor darling Nvidia (NVDA) was down about 4%, and shares of Meta Platforms (META), Apple (AAPL) and Intel (INTC) were also lower.

然而周四，科技股引领纳斯达克指数走低。人工智能投资者宠儿英伟达 (NVDA) 下跌约 4%，Meta Platforms (META)、苹果 (AAPL) 和英特尔 (INTC) 的股价也走低。

Tesla (TSLA), which has finished higher for 11 consecutive sessions, was the biggest S&P 500 decliner, down more than 7%, following a Bloomberg report that the EV maker would delay its eagerly awaited robotaxi debut event to October from August.

特斯拉 (TSLA) 连续 11 个交易日收高，成为标准普尔 500 指数跌幅最大的跌幅，此前彭博社报道称，该电动汽车制造商将把备受期待的机器人出租车首发活动从 8 月推迟到 10 月。

Airlines fell sharply after Delta (DAL) reported weaker-than-expected earnings and lowered its guidance. Shares of United (UAL), American (AAL) and other carriers fell as well.

达美航空 (DAL) 报告盈利低于预期并下调指引后，航空公司股价大幅下跌。联合航空 (UAL)、美国航空 (AAL) 和其他航空公司的股价也下跌。

The major indexes had moved higher early in Thursday's session after a government report showed that consumer prices surprisingly fell in June from the previous month, adding to expectations that the Fed will start cutting the federal funds rate soon. The Fed has said it's waiting for more evidence that inflation is under control before easing policy, and Thursday's report likely falls into that category.

周四早盘，主要股指走高，此前一份政府报告显示，6 月份消费者价格环比意外下降，增加了人们对美联储将很快开始削减联邦基金利率的预期。美联储表示，在放松政策之前，正在等待更多证据表明通胀已得到控制，周四的报告可能属于这一类。

Traders are now pricing in about a 93% chance that the Fed will start cutting interest rates in September, according to the CME Group’s FedWatch tool, which forecasts rate movements based on fed funds futures trading data. That's up from a 73% likelihood of a cut that was being priced in yesterday.

根据 CME 集团的 FedWatch 工具，交易员目前预计美联储将于 9 月开始降息的可能性约为 93%，该工具根据联邦基金期货交易数据预测利率走势。这高于昨天定价的 73% 的降息可能性。

While tech stocks slid, several sectors were on the rise thanks to the rate-cut optimism, notably homebuilders and real-estate companies. Big gainers included D.R. Horton (DHI), Pultegroup (PHM) and Lennar (LEN) and Alexandria Real Estate Equities (ARE).

尽管科技股下跌，但由于降息的乐观情绪，一些行业仍在上涨，尤其是房屋建筑商和房地产公司。涨幅较大的股票包括 DR Horton (DHI)、Pultegroup (PHM)、Lennar (LEN) 和 Alexandria Real Estate Equities (ARE)。

The yield on 10-year Treasurys fell to below 4.2% after the CPI release, down from near 4.3% before the report and at the lowest level since March. Gold was trading around $2,420 at its highest levels since March.

CPI公布后，10年期国债收益率跌至4.2%以下，低于报告前的近4.3%，为3月份以来的最低水平。黄金交易价格约为 2,420 美元，创 3 月份以来的最高水平。