US stocks edge down from their record after oil prices climb 5%
- The U.S. stock market declined slightly from its all-time high on Monday.
- The S&P 500 fell 0.1% from its record set on Friday.
- Oil prices rose 5%, with Brent crude reaching $87.72 per barrel.
- Higher oil prices could contribute to increased inflation concerns.
- The upcoming inflation report is expected to show a slowdown to 3.4%.
The U.S. stock market edged down from its all-time high on Monday, while oil prices rose on uncertainty about the reopening of the Strait of Hormuz. The S&P 500 slipped 0.1% from its record set on Friday, and the Dow Jones Industrial Average dipped 60 points, or 0.1%. The Nasdaq composite fell 0.3% as momentum slowed for stocks following a rally driven by strong profits for major U.S. companies.
In the oil market, the price for a barrel of Brent crude rose 5% to $87.72, reflecting concerns about the global flow of crude. Higher oil prices are expected to push inflation upward, with economists anticipating that the inflation report due this week will show a slowdown to 3.4% from 3.5% in June. This could influence the Federal Reserve's decisions regarding interest rates.
The yield on the 10-year Treasury rose to 4.70%, reflecting increased borrowing costs for households and companies. Traders are still weighing the likelihood of an interest rate hike at the Fed's next meeting in September, with expectations currently at nearly 52%.
美国股市在油价上涨5%后略微下跌
美国股市在周一略微从历史高点下跌，而油价因霍尔木兹海峡重启的不确定性而上涨。标准普尔500指数较周五的记录下跌了0.1%，道琼斯工业平均指数下跌60点，或0.1%。纳斯达克综合指数下跌0.3%，由于主要美国公司的强劲利润推动的反弹后，股票的动能减缓。
在油市，布伦特原油价格上涨5%，达到每桶87.72美元，反映出全球原油流动的担忧。较高的油价预计将推高通胀，经济学家预计本周即将发布的通胀报告将显示通胀从6月的3.5%放缓至3.4%。这可能会影响美联储关于利率的决策。
10年期国债收益率上升至4.70%，反映出家庭和企业的借贷成本增加。交易员们仍在权衡美联储下次会议上加息的可能性，目前预期接近52%。