US stocks rise, even as the bond market applies more pressure
- U.S. stocks rose on Friday, with the S&P 500 up 0.4%, the Dow Jones Industrial Average gaining 517 points, and the Nasdaq composite increasing by 0.4%.
- Ross Stores saw a 4.4% rise in its stock price after reporting stronger-than-expected profit and revenue.
- The yield on the 10-year Treasury rose to 4.73%, reflecting ongoing volatility in the bond market.
- Concerns about inflation and rising oil prices contributed to the increase in Treasury yields.
- Bitcoin surged above $77,000, benefiting from lower interest rates and legislative hopes for the crypto industry.
U.S. stocks experienced a rise on Friday, recovering some losses from a turbulent week, despite continued pressure from the bond market. The S&P 500 increased by 0.4%, marking only its second gain in six days since reaching an all-time high last week. The Dow Jones Industrial Average surged by 517 points, or 1%, while the Nasdaq composite also rose by 0.4.
Ross Stores led the market with a 4.4% increase in its stock price after reporting better-than-expected profits and revenues for the latest quarter. The company noted an increase in both new and existing customers, aided by refunds on tariffs. Overall, U.S. companies have reported stronger profits than analysts anticipated, contributing to recent stock market records.
However, the bond market remains volatile, with the yield on the 10-year Treasury rising to 4.73%, reflecting ongoing uncertainty. This increase in yields is partly attributed to rising oil prices and concerns over inflation, which have implications for economic growth. Meanwhile, Bitcoin has seen significant gains, climbing above $77,000, supported by lower interest rates and positive sentiment around potential legislation for the cryptocurrency sector.
美国股市上涨，尽管债券市场施加更多压力
美国股市在周五上涨，恢复了部分因市场动荡而造成的损失，尽管债券市场持续施加压力。标准普尔500指数上涨0.4%，这是自上周创下历史新高以来的第二次上涨。道琼斯工业平均指数上涨517点，涨幅为1%，而纳斯达克综合指数也上涨了0.4%。
罗斯商店的股价上涨4.4%，因其报告的最新季度利润和收入超出预期。该公司指出，新客户和现有客户的增加，以及关税退款的帮助，推动了业绩的增长。总体而言，美国公司报告的利润超出分析师的预期，推动了近期股市创纪录的表现。
然而，债券市场仍然波动，10年期国债收益率上升至4.73%，反映出持续的不确定性。收益率的上升部分归因于油价上涨和对通货膨胀的担忧，这对经济增长有影响。同时，比特币也出现显著上涨，突破77,000美元，受益于低利率和对加密货币行业潜在立法的积极情绪。