格隆汇4月9日｜美联储会议纪要：多数与会官员认为，中东局势发展已使经济风险上升。

美联储会议纪要显示，多位官员表示，石油冲击可能导致通胀进一步上升，从而有理由加息。（财联社）

The Middle East’s best hope may be that the US president continues to rebadge strategic defeat as success Both the US and Iran claimed victory on Wednesday morning. Both were lying. The two-week ceasefire announced by Donald Trump the night before is not the triumph that he declared. It may not be an end to the war, as welcome as the pause is, or even last the fortnight. Mr Trump said that Iran has gone through regime change. It has not. If anything, less experienced, less readable but more hardline figures are now in charge. He said that the strait of Hormuz would be open; Iran said that ships would pass through with permission, and at a price. By Wednesday evening, Iranian state media said that the strait was closed after Israel unleashed a brutal assault on Lebanon: about 100 strikes in 10 minutes. Iran had insisted that Lebanon was part of the deal, while Mr Trump disagreed . This conflict has killed thousands in the region, including children, and left many more exhausted, terrified and traumatised, while the aggressors have openly boasted of their intent to commit war crimes. Continue reading...

白宫新闻秘书莱维特周三继续将特朗普促成的停火协议誉为一次毫无疑问的成功。 莱维特在一场新闻发布会的开场白中说：“在总司令的指挥下，我们的战士表现卓越，世界因此见证了一场史无前例的、迅速而成功的军事胜利。” 她说，美国军方已重创伊朗的防御能力，并断言德黑兰将无法再获得核武器。莱维特还提到了在战争中牺牲的美国军人。 这场战争在政治上不得人心，也在特朗普所属的共和党部分成员中引发了日益加剧的不安，而莱维特的上述声明正迎合了特朗普希望尽快翻过这一页的想法。 责任编辑：李桐

Tatsuya Ozaki/iStock via Getty Images Key takeaways 1 New portfolio positioning in place As announced on June 23, 2025, the fund transitioned to new leadership under the Asian and Emerging Markets Equities Investment Team, which resulted in a change in its investment philosophy and process. 2 The fund outperformed its benchmark The fund ( ASIAX ) had a positive return for the quarter and outperformed the MSCI AC Asia Pacific ex Japan Index. Stock selection in information technology (IT) was the largest contributor to relative return. 3 Asian equities opportunity We believe Asian equities currently offer double-digit earnings growth potential, with reasonable valuation levels across much of the universe. Investment objective The fund seeks long-term growth of capital. Fund facts Fund AUM ($M) 450.71 Click to enlarge Portfolio managers Charles Bond, Matthew Pigott, William Lam Manager perspective and outlook We believe Asian equities currently offer double-digit earnings growth potential, with reasonable valuation levels across much of the universe. The asset class has been trading at a discount to global equities, particularly the US market. Furthermore, Asian currencies have started to strengthen relative to the US dollar, which has remained overvalued against most currencies. In the past, we have seen that performance of Asian equity markets has tended to benefit from a weakening US dollar. In our view, the Asian region remains fertile ground for active stock pickers, with significant valuation disparity across Asian markets and genuine improvements in shareholder return policies. Though we remain mindful of geopolitical risks and uncertainty that may come with the US government's pursuit of protectionist policies, Asian corporations generally in our view have healthy balance sheets and competitive advantages, which could make them more resilient than what is currently implied in valuations. Moreover, if specific global trade channels are forced to reconfigure away...

The Financial Sector SPDR Fund ( XLF ) declined 9.85% in the first quarter of 2026, remaining in negative territory and underperforming the broader S&P 500 Index, which fell 4.6% over the same period. As companies prepare to report their results for the quarter gone by, Seeking Alpha provides a snapshot of how companies rank across key factors such as valuation, growth, profitability, momentum, and estimate revisions. Presented below is a look at large-cap financial companies with market caps exceeding $10 billion, highlighting those with the highest and lowest quant ratings ahead of Q1 2026 results. Here are the top and bottom-rated 5 quant stocks ahead of the upcoming earnings season: Top 5 stocks: BNP Paribas SA ( BNPQY ) Quant Rating 4.93; Strong Buy Banco do Brasil ( BDORY ) Quant Rating 4.91; Strong Buy B3 S.A. - Brasil, Bolsa, Balcão ( BOLSY ) Quant Rating 4.87; Strong Buy Lloyds Banking Group ( LYG ) Quant Rating 4.84; Strong Buy Barclays PLC ( BCS ) Quant Rating 4.83; Strong Buy Bottom 5 stocks: Adyen N.V. ( ADYEY ) Quant Rating 1.25; Strong Sell Erie Indemnity Company ( ERIE ) Quant Rating 1.44; Strong Sell Coinbase Global ( COIN ) Quant Rating 1.65; Sell Brown & Brown ( BRO ) Quant Rating 1.70; Sell Arthur J. Gallagher ( AJG ) Quant Rating 1.91; Sell More on State Street® Financial Select Sector SPDR® ETF, BNP Paribas SA, etc. Banco Do Brasil: The Rebound Still Looks Premature Lloyds Banking: I Like It, But I'd Want It Cheaper Lloyds Banking Group plc (LYG) Discusses Financial Performance, Strategic Update and Outlook - Slideshow Top and bottom mid-cap financials identified in quant rankings before results Small-cap financial stocks split on quant ratings ahead of Q1 earnings

Micron Technology, Inc. stock: AI boom drives 7.57% surge — what it means for you AD HOC NEWS

Qualcomm (NASDAQ:QCOM) Faces Pressure As Nasdaq Index Reflects Tech Shift Kalkine Media

Terns Pharmaceuticals (NASDAQ: TERN) had a more memorable March than a great many other companies on U.S. stock exchanges. That's largely because it agreed to be bought out by a much larger peer, and the deal's premium helped crank Terns' share price more than 25% higher over the month. That earth-shaking event occurred on March 25. In a joint press release, Terns and global pharmaceutical giant Merck announced a definitive agreement under which Merck (via a subsidiary) will acquire the smaller company for $53 per share in cash. The pair said this represents a 42% premium over Terns' 90-day volume-weighted average price. All told, wrote the companies, the deal is worth around $6.7 billion. Continue reading

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Blackstone Global Head Private Equity Strategies Joe Barratta, Skadden Partner Head of Shareholder Engagement & Activism Elizabeth Gonzalez-Sussman, Kirkland & Ellis Partner Shaun Mathew, Palliser Capital Founder & Chief Investment Officer James Smith, and William Blair Global Head of Investment Banking Matt Zimmer. (Source: Bloomberg)

Sadiq Khan has the right approach, but his critics are determined to see the capital as a fictionalised case study in lawlessness London is much reviled by people who don’t live there. It has its share of social problems typical to a large metropolis, but it is unusual in having also a dystopian twin – a fallen city, overrun with violent criminals, located in the imagination of rightwing politicians and the online sources they consume. The capital’s denigrators felt vindicated recently by scenes of disorder on Clapham High Street. Hundreds of young people, rallied on social media, mustered for a spontaneous gathering , which degenerated into a spree of antisocial behaviour. Images of the disorder were shared online as proof of the capital’s status as a no-go area. Nigel Farage, the leader of Reform UK, said that the unrest was symptomatic of “societal breakdown”. Continue reading...

France ’s budget minister said it’s too soon to set a more ambitious deficit reduction target despite a sharper-than-expected narrowing of the gap last year. The reduction of the deficit to 5.1% in 2025 from 5.8% a year earlier was partly due to one-off elements and there is great uncertainty over the macroeconomic impact of the Iran conflict in 2026, David Amiel told the senate’s finance committee Wednesday. “We obviously want to do better than the 5% target in budget documents if the economic situation allows,” he said. “But at this stage of the year, and given the uncertainty surrounding the situation in the Middle East, we haven’t revised the target.” French ministers have said they will update their economic and financial forecasts April 21 when they present fiscal plans to the European Union. Speaking alongside Amiel, Economy and Finance Minister Roland Lescure said it is too soon to draw conclusions on how the fast-changing conflict will affect activity. France Weighs Targeted Fuel Aid as Iran War Pushes Up Costs French Inflation Quickens to Highest Since August 2024 on War Europe’s Economy Starts to Feel Pain From Trump’s Iran War

On 4/10/26, DigitalBridge Group Inc's 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock (Symbol: DBRG.PRI) will trade ex-dividend, for its quarterly dividend of $0.4469, payable on 4/15/26. As a percentage of DBRG.PRI's recent share price of $16.40, this dividend

美联储会议纪要：许多官员称，（若）通胀长期偏高会要求加息。 许多与会者认为，在油价持续上涨的情况下，通胀在高位停留的时间可能长于预期，这可能要求加息。 某些官员认为，在利率路径上出现“双向”措辞的“可能性很高”。 越来越多的政策制定者认为，有“充分理由”对未来的利率决策采取“双向”描述。 大部分官员说，战争可能会冲击到就业，保证降息。 多数与会者认为，随着中东局势的发展，风险已经增加。 大多数与会者担心，长期的冲突可能导致劳动力市场进一步疲软，而这可能需要额外的降息。 大多数与会者表示，现在了解中东局势将如何影响美国经济还为时过早。 几位与会者将其对降息时机的评估进一步推后。 许多与会者判定，如果通胀如预期般下降，下调利率可能会变得合适。 几乎所有与会者都支持在3月会议上不降息（理事米兰是个例外）。 这些与会者普遍认为目前的政策利率处于中性利率的合理水平之内。 绝大多数与会者认为通胀的上行风险和就业的下行风险均处于高位。 绝大多数与会者指出，向2%通胀目标迈进的进展可能慢于预期，并认为通胀持续高于目标的风险更高。 美联储工作人员的经济展望预计，经济活动将不如1月会议时的展望那样强劲。 美联储工作人员在模型中仅计入了冲突导致的股价下跌和原油价格上涨对经济活动产生的“较小影响”。

越来越多的美联储官员担忧伊朗战争可能进一步推高美国通胀，并希望在3月会议结束后明确表态：美联储可能需要考虑上调利率。 当地时间周三，美联储公布了3月17日至18日FOMC会议的纪要显示，政策制定者们就伊朗战争爆发后美国经济的截然不同走势及其可能引发的政策应对展开了激烈讨论。 多数官员担忧，旷日持久的战争可能冲击劳动力市场，届时或需降低利率。与此同时，许多政策制定者强调了通胀面临的上行风险，这最终可能使加息成为必要之举。后一派官员的立场似乎愈发强硬，推动同僚考虑在FOMC会后的声明中加入相关措辞，提出在特定条件下加息的可能。 会议纪要称，部分与会者认为，FOMC会后声明应以双向描述的方式呈现委员会未来的利率决策，以反映以下可能性：若通胀持续高于目标水平，上调联邦基金利率目标区间或许是适宜之举。 美联储1月份会议纪要中也出现了类似的观点，但支持这一观点的人数在3月有所增加。在美联储所谓的“计数词汇”中，“一些”指的是比1月份使用的“几个”更多的官员数量。 呼应上述担忧，纪要还指出，绝大多数美联储官员认为，通胀回归美联储2%目标的进程可能比预期更为漫长。 本次会议上，美联储官员们将基准政策利率维持在3.5%至3.75%的区间不变。 伊朗战争冲击 美联储此次3月会议召开时，距中东战争引发全球能源成本飙升、通胀承压、经济增长受威胁仅约三周。此后，已有多位美联储政策制定者释放信号，表示希望在评估战争影响期间按兵不动、维持利率稳定。 总体而言，美联储政策制定者对伊朗战争的回应，体现在对双重使命两端的双重忧虑。 本周，特朗普宣布与伊朗达成停火协议，并计划本周末在巴基斯坦举行直接会谈，这标志着他此前威胁要对伊朗发动大规模破坏的言论出现了戏剧性的转变。然而，该地区零星的战斗，以及伊朗在不到一天后就声称该协议已被违反，都暴露了这场持续六周、引发全球能源危机的战争所达成的停火协议的脆弱性。 会议纪要称，绝大多数与会者判断，通胀上行风险与就业下行风险均已升高；多数与会者指出，中东局势的发展进一步加剧了上述风险。 多数官员预计失业率将基本保持稳定，但大多数人认同劳动力市场的风险偏向下行。纪要称，尤其值得注意的是，许多与会者警告，在当前净新增就业岗位增速低迷的背景下，劳动力市场看似容易受到不利冲击的影响。 与此同时，政策制定者指出，中东冲突若持续拖延，可能导致能源价格更为持续地上涨，进而推升核心...

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in American Express Co. (Symbol: AXP), where a total of 15,400 contracts have traded so far, representing approximately 1.5 million underlying shares. That amounts to about

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in RTX Corp (Symbol: RTX), where a total volume of 22,647 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 mi

Federal Reserve officials wrestled with starkly differing scenarios for the US economy following the outbreak of the Iran war, including one that called for interest-rate cuts and another that would require raising rates. Minutes of the Federal Open Market Committee ’s March 17-18 meeting, released Wednesday in Washington, showed most officials worried the war could hurt the labor market and warrant lower interest rates. At the same time, many policymakers highlighted the risk to inflation that might ultimately warrant rate increases. The record of the meeting also showed that a growing number of officials urged their colleagues to consider language in the committee’s statement raising the scenario of hiking interest rates under certain conditions. “Some participants judged that there was a strong case for a two-sided description of the committee’s future interest-rate decisions in the post-meeting statement, reflecting the possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation were to remain at above-target levels,” the minutes said. At the meeting, officials held the Fed’s benchmark policy rate in a range of 3.5% to 3.75% at that gathering. The gathering occurred almost three weeks after war in the Middle East caused global energy costs to begin surging, putting upward pressure on inflation but also threatening to dampen economic growth. Several policymakers have since signaled a desire to hold rates steady as they gauge the war’s fallout. Overall, policymakers reacted to the war by expressing concerns about both sides of their mandate. “The vast majority of participants judged that upside risks to inflation and downside risks to employment were elevated, and the majority of participants noted that these risks had increased with developments in the Middle East,” the minutes said. In projections released after the meeting, policymakers signaled an expectation for one interest-rate cut in 2026, unchanged ...

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in LyondellBasell Industries NV (Symbol: LYB), where a total volume of 55,513 contracts has been traded thus far today, a contract volume which is representative of

The following companies are expected to report earnings after hours on 04/08/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Constellation Brands Inc (STZ)is reporting for the quarter ending February 28, 2026. The alcohol company's consensus earni

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Global markets rally as the US and Iran strike a fragile ceasefire, sending oil tumbling and shaking up Corporate America. Delta climbs, Exxon slips, and the Strait of Hormuz reopens under Iran’s watch. Former State Department official Jennifer Gavito on rising geopolitical risks, JP Morgan’s Darren Novak on the activist investing surge, Hyundai CEO José Muñoz on a $26 billion US manufacturing push, and Rachel Bronson on why this Middle East truce may not last. (Source: Bloomberg)

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AMD Confirms Ryzen 9 9950X3D2 Dual Edition Price Ahead Of April 22 Release HotHardware

Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire A trader who made a large bet on a stocks rocketing in the coming weeks is up about $23 million in paper profit today, according to Bloomberg. The unknown trader spent $12 million premium on 6800 lots of 6950 S&P 500 Index Options (SPX) calls for May 8 expiry, when the index was at 6556.21; the trade was executed around 10:20 a.m. Eastern on Tuesday, just hours before Trump's announcement of a 2-week ceasefire which sent stocks soaring. The trade was an “example of upside chasing on hopes of an imminent peace deal”, said Chris Murphy, co-head of derivatives intelligence, in an email Tuesday. Following the ceasefire deal last night, stocks surged, with the long SPX 6950 position now trading at $50, Bloomberg pricing data indicates. That makes the position worth $35 million as of noon on April 8, with the S&P 500 at 6773, or a $23 million profit net of the premium paid. Tyler Durden Wed, 04/08/2026 - 14:00

Navitas Semiconductor (NASDAQ: NVTS) is making a big bet on AI power demand, but investors still need to see whether the turnaround is real. I break down the opportunity, valuation, and risks that could determine where this stock goes next. Stock prices used were the market prices of March 30, 2026. The video was published on April 5, 2026. Continue reading

Technology stocks were a boon for investors in recent years thanks to the arrival of artificial intelligence (AI). But Wall Street's appetite for the sector ebbed in 2026, as concerns arose that artificial intelligence would displace many software companies. This triggered a sell-off among software-as-a-service (SaaS) stocks, leading to share price declines for several successful companies. For long-term investors, these dramatic price drops created an opportunity to acquire shares at attractive valuations. Two SaaS companies to consider investing in are ServiceNow (NYSE: NOW) and Workiva (NYSE: WK) . Both were swept up in Wall Street's AI panic, and once those fears subside, these stocks could deliver handsome returns. Here's a deeper look into these businesses. Continue reading

Crypto fraud and pump-and-dump schemes are on the rise on some of the most popular social-media platforms.

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Vistra Corp (Symbol: VST), where a total of 29,848 contracts have traded so far, representing approximately 3.0 million underlying shares. That amounts to about 71.1% of

AI agents in retail investing People do not like to lose money on stocks. Sometimes a stock goes down, and people who own it sell it to avoid losing more money, so it goes down more. This behavior is to some extent predictable, so there are circumstances in which you might think “if this stock goes below $50, it will probably keep going down to $45.” You might think that as a pure matter of investor psychology: “If the stock goes below $50, a lot of people who bought it at $50 will have losses and panic and hit the ‘sell’ button, driving it down more.” You might have a slightly different theory. Because people do not like to lose money on stocks, and are not monitoring their stocks constantly, they might use stop-loss orders , where they tell their broker “if this stock goes below $50, sell it immediately.” Intuitively, people who do this are more likely to use round numbers like $50 than, like, “if this stock goes below $51.37, sell it,” so there is some clustering of stop-loss orders; there are more of them at some numbers than at others. And so if you are trying to predict market behavior, you might think “if this stock goes below $50, a lot of people will automatically sell it, and it will go down to $45.” None of this is investing or technical-analysis advice, but a certain amount of “stop hunting” probably goes on in financial markets: If you know or suspect that a lot of people have stop-loss orders to sell if a stock falls to $50, you might try to short the stock until it hits $50, expecting to trigger the stops and buy it back at $45. In a sense, the previous two paragraphs express the same idea: They both say “people have irrational biases that make them anchor on round numbers and fear losses, so if the stock falls to $50 there will be further irrational selling driving it down to $45.” The difference is the mechanism: In the first paragraph, the stock hits $50 and then people decide to sell; in the second paragraph, people plan ahead to sell if the stock...