由于投资者等待美联储政策决定，股市小幅走低；加密货币跑赢大盘

周二中午，由于投资者在美联储定于周三做出政策决定之前谨慎行事，股市小幅走低。尽管降息似乎已被广泛消化——联邦基金期货的概率为 96%——但投资者完全关注美联储的前瞻性指引和主席杰罗姆·鲍威尔的言论

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.

由于投资者在美联储政策决定前谨慎行事，美国主要股指周二中午小幅走低，开盘疲软。

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.

尽管降息似乎已被广泛消化——联邦基金期货认为降息的可能性为 96%——但投资者完全关注美联储的前瞻性指引和主席杰罗姆·鲍威尔的言论，特别是考虑到最近强劲的经济数据。

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月零售数据意外反弹，环比增长0.7%，超出预期0.5%。在汽车销量强劲增长的推动下，销量同比增长 3.8%，创下 2023 年 12 月以来的最快增速。

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.

有报道称，近年来中国正在扩大对美国芯片制造商收购的反垄断审查，导致地缘政治紧张局势再度紧张，半导体股领跌。

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.

上周，北京对 Nvidia Corp. 2019 年收购 Mellanox Technologies 的交易展开调查。美国反垄断机构无条件批准了该交易。

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%.

受主要芯片股大幅下跌的拖累，iShares Semiconductor ETF（纽约证券交易所股票代码：SOXX）下跌 1.5%。 Broadcom Inc（纳斯达克股票代码：AVGO）跌幅超过 5%，Marvell Technology Inc（纳斯达克股票代码：MRVL）跌幅超过 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，美国主要股指均处于负值区域。标准普尔 500 指数下跌 0.4%，道琼斯工业平均指数下跌 0.6%，纳斯达克 100 指数下跌 0.4%。

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

美元和国债收益率均保持稳定，反映出机构投资者持谨慎态度。

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，黄金下跌 0.3%，天然气和石油价格分别下跌 2% 和 1%，表明能源行业持续疲软。

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.

加密货币继续跑赢大盘，比特币（CRYPTO：BTC）上涨 1.3%，突破 107,000 美元。在其他加密货币中，BTC 上涨 1.3%，突破 107,000 美元，市值达到 2.13 万亿美元。加密货币总市值升至3.68万亿美元，再创历史新高。