华尔街将于 2024 年最后一个交易日开始小幅走高，牛市持续

标准普尔 500 SPX、道指和纳斯达克 IXIC 指数均接近历史高位，并将连续第二年上涨。

Wall Street's main indexes are set to start the last trading session of 2024 slightly higher, continuing its bull run from more than two years ago on signs of post-pandemic economic resilience, hopes of lower borrowing costs and AI boost.

华尔街主要股指将在 2024 年最后一个交易日开始小幅走高，延续两年多前的牛市行情，因疫情后经济复苏的迹象、借贷成本降低的希望以及人工智能的推动。

The S&P 500 SPX, Dow DJI and Nasdaq IXIC are near record highs and are set for their second consecutive year of gains.

标准普尔 500 SPX、道指和纳斯达克 IXIC 指数均接近历史高位，并将连续第二年上涨。

A nearly 100-basis point cut in interest rates in 2024 by the Federal Reserve and a rally in technology stocks in anticipation of boost to corporate profits from artificial intelligence have catapulted equities to record highs in 2024.

美联储在 2024 年降息近 100 个基点，加上预计人工智能将提振企业利润，科技股上涨，使得股市在 2024 年创下历史新高。

The tech S5INFT, communications services S5TELS and consumer discretionary stocks S5COND have advanced more than 30% this year.

科技股 S5INFT、通信服务股 S5TELS 和非必需消费品股 S5COND 今年涨幅超过 30%。

Although AI poster-child Nvidia's NVDA nearly 170% surge this year was smaller compared with last year, the rally helped the company notch $3 trillion in market value, while Tesla TSLA reclaimed $1 trillion level.

尽管人工智能领头羊英伟达的 NVDA 今年近 170% 的涨幅较去年有所缩小，但这一涨幅帮助该公司市值达到了 3 万亿美元，而特斯拉 TSLA 也重回了 1 万亿美元的水平。

At 08:23 a.m. ET, Dow E-minis YM1! were up 71 points, or 0.17%, S&P 500 E-minis ES1! were up 13.75 points, or 0.23% and Nasdaq 100 E-minis NQ1! were up 48.25 points, or 0.23%.

美国东部时间上午 08:23，道指迷你指数 YM1！标普 500 E-minis ES1 上涨 71 点，即 0.17%！纳斯达克 100 E-minis NQ1 上涨 13.75 点，涨幅 0.23%！上涨48.25点，涨幅0.23%。

Nvidia was up 0.7%, while the Elon Musk-led automaker added 1.2% in premarket trading. Moves are expected to be influenced by thin volumes ahead of New Year's holiday on Wednesday.

英伟达 (Nvidia) 上涨 0.7%，而埃隆·马斯克 (Elon Musk) 领导的汽车制造商在盘前交易中上涨 1.2%。预计价格走势将受到周三新年假期前成交量清淡的影响。

Toward the end of the year, risk-taking improved as Donald Trump's presidential win boosted bets that he would deliver on his promises to ease regulations, cut taxes and raise tariffs to help domestic businesses.

到了年底，随着唐纳德·特朗普(Donald Trump)赢得总统大选，人们对他将兑现放松监管、减税和提高关税以帮助国内企业的承诺的押注有所增加，冒险精神有所改善。

His win also powered small-cap stocks. The Russell 2000 RUT clinched a record high and was set for a second straight year of gains with a nearly 10% increase. Bank shares (.SPXBK) are up more than 30% this year.

他的胜利也推动了小盘股的上涨。 Russell 2000 RUT 创下历史新高，并有望连续第二年上涨，涨幅接近 10%。银行股 (.SPXBK) 今年上涨了 30% 以上。

However, equities hit a rough patch in December, putting the S&P 500 on course for its biggest monthly decline since April, due to higher yields on Treasury notes at a time when equity valuations are stretched and the Fed is being cautious.

然而，由于在股票估值过高且美联储持谨慎态度之际，美国国债收益率上升，12 月份股市遭遇了一段艰难时期，标普 500 指数有望录得 4 月份以来的最大月度跌幅。

The yield on the benchmark 10-year note US10Y eased to 4.5% as inflationary concerns linked to Trump's policies raises chances of the Fed moderating its rate cuts in 2025.

由于与特朗普政策相关的通胀担忧增加了美联储在 2025 年放缓降息的可能性，基准 10 年期美国国债收益率回落至 4.5%。

"Any further gains in equities are unlikely until there is more clarity about what the incoming administration's tax and tariff policies will look like," said Raffi Boyadjian, lead market analyst at brokerage XM.

经纪公司 XM 首席市场分析师 Raffi Boyadjian 表示：“在新政府的税收和关税政策更加清晰之前，股市不太可能进一步上涨。”

"How earnings expectations evolve in the coming months will also be crucial for Wall Street, particularly for tech and AI stocks."

“未来几个月盈利预期的变化对华尔街也至关重要，尤其是科技和人工智能股票。”

Traders expect the first rate cut of 2025 in either March or May. Meanwhile, Trump's win has crypto stocks buzzing, with Bitcoin BTCUSD hitting $100,000.

交易员预计 2025 年首次降息将在 3 月或 5 月进行。与此同时，特朗普的胜利让加密货币股票热议，比特币 BTCUSD 触及 10 万美元。

MicroStrategy MSTR shares have more than tripled in value this year as it continues buying and holding bitcoin. The stock rose 4.5% on Tuesday, while Coinbase COIN and MARA Holdings MARA added 2.6% and 2.5%, respectively.

随着 MicroStrategy MSTR 继续购买和持有比特币，其股价今年已经上涨了两倍多。该股周二上涨 4.5%，Coinbase COIN 和 MARA Holdings MARA 分别上涨 2.6% 和 2.5%。

VeriSign VRSN rose 2.1% after Berkshire Hathaway BRK.A increased its stake in the internet services company.

伯克希尔哈撒韦公司 (Berkshire Hathaway BRK.A) 增持这家互联网服务公司的股份后，VeriSign VRSN 股价上涨 2.1%。

Other areas of the market, however, have witnessed annual declines, with materials stocks S5MATR down more than 2%, hurt by the economic woes in top metals consumer China.

然而，市场的其他领域却出现了年度下滑，其中材料股 S5MATR 因中国主要金属消费国的经济困境而下跌超过 2%。