由於投資人等待聯準會政策決定，股市小幅走低；加密貨幣跑贏大盤

週二中午，由於投資者在聯準會定於週三做出政策決定之前謹慎行事，股市小幅走低。儘管降息似乎已被廣泛消化——聯邦基金期貨的機率為 96%——但投資者完全關注聯準會的前瞻性指引和主席鮑威爾的言論

Major U.S. stock indices edged lower by midday Tuesday, tracking a weak start to the session, as investors treaded cautiously ahead of the Federal Reserve’s policy decision.

由於投資人在聯準會政策決定前謹慎行事，美國主要股指周二中午小幅走低，開盤疲弱。

Although a rate cut appeared widely priced in — with Fed Funds futures assigning a 96% probability to the move — investors are fully focused on the Fed's forward guidance and Chair Jerome Powell‘s remarks, particularly in light of recent robust economic data.

儘管降息似乎已被廣泛消化——聯邦基金期貨認為降息的可能性為96%——但投資者完全關注聯準會的前瞻性指引和主席鮑威爾的言論，特別是考慮到最近強勁的經濟數據。

November's retail sales data showed an unexpected rebound, rising 0.7% month-over-month, surpassing expectations of 0.5%. On an annual basis, sales climbed 3.8%, marking the fastest pace since December 2023, driven by strong auto sales growth.

11月零售數據意外反彈，季增0.7%，超出預期0.5%。在汽車銷售強勁成長的推動下，銷量較去年同期成長 3.8%，創下 2023 年 12 月以來的最快成長速度。

Semiconductor stocks led the downturn amid renewed geopolitical tensions following reports that China is broadening antitrust scrutiny on U.S. chipmakers’ acquisitions in recent years.

有報導稱，近年來中國正在擴大對美國晶片製造商收購的反壟斷審查，導致地緣政治緊張局勢再度緊張，半導體股領跌。

Last week, Beijing launched an investigation into Nvidia Corp.'s 2019 acquisition of Mellanox Technologies. The U.S. antitrust authorities had approved the deal without any conditions.

上週，北京對 Nvidia Corp. 2019 年收購 Mellanox Technologies 的交易展開調查。美國反壟斷機構無條件地批准了這項交易。

The iShares Semiconductor ETF (NYSE:SOXX) declined 1.5%, weighed down by sharp losses in major chip stocks. Broadcom Inc (NASDAQ:AVGO) dropped over 5%, while Marvell Technology Inc (NASDAQ:MRVL) plunged over 8%.

受主要晶片股大幅下跌的拖累，iShares Semiconductor ETF（NYSE：SOXX）下跌 1.5%。 Broadcom Inc（NASDAQ：AVGO）跌幅超過 5%，Marvell Technology Inc（納斯達克股票代碼：MRVL）跌幅超過 8%。

By midday, the major U.S. indices were in negative territory. The S&P 500 slipped 0.4%, the Dow Jones Industrial Average fell 0.6%, and the Nasdaq 100 declined 0.4%.

截至中午，美國主要股指均處於負值區域。標普 500 指數下跌 0.4%，道瓊工業指數下跌 0.6%，那斯達克 100 指數下跌 0.4%。

Both the U.S. dollar and Treasury yields remained steady, reflecting cautious positioning by institutional investors.

美元和國債殖利率都維持穩定，反映出機構投資人持謹慎態度。

In commodities, gold dipped 0.3%, while natural gas and oil prices fell 2% and 1%, respectively, signaling continued weakness in the energy sector.

大宗商品方面，黃金下跌 0.3%，而天然氣和石油價格分別下跌 2% 和 1%，顯示能源產業持續疲軟。

Cryptocurrencies continued to outperform, with Bitcoin (CRYPTO: BTC) rising 1.3% to cross $107,000. Among other cryptocurrencies, BTC rose 1.3% to surpass $107,000, reaching a market capitalization of $2.13 trillion. The total cryptocurrency market value rose to $3.68 trillion, a new record high.

加密貨幣繼續跑贏大盤，比特幣（CRYPTO：BTC）上漲 1.3%，突破 107,000 美元。在其他加密貨幣中，BTC 上漲 ​​1.3%，突破 107,000 美元，市值達到 2.13 兆美元。加密貨幣總市值升至3.68兆美元，再創歷史新高。