US stocks fell on Tuesday.
美国股市周二下跌。
The three-day long weekend ended.
三天长周末结束了。
The S&P 500 index fell 0.6%.
标普500指数跌了0.6%。
The Dow Jones Industrial Average fell 628 points, down 1.2%.
道琼斯工业平均指数跌了628点,跌幅1.2%。
The Nasdaq Composite index fell 0.3%.
纳斯达克综合指数跌了0.3%。
New fighting with Iran pushed up oil prices. That was the main reason for the fall.
下跌的主要原因是与伊朗的最新战事推高了油价。
Brent oil once rose to $99.46 per barrel.
布伦特原油一度升到每桶99.46美元。
Then it fell back to $97.92, up 0.9%.
然后它回落到97.92美元,上涨0.9%。
Oil prices have been rising since about $72 in early July.
自7月初约72美元以来,油价一直在上涨。
The reason is more fighting in the Middle East and less oil for the world.
原因是中东冲突加剧,全球石油供应受限。
Higher oil prices make people worry more about high inflation.
油价上涨让人们对高通胀更担心。
High inflation can hurt people and businesses.
高通胀会影响民众和企业。
Two important inflation reports will come later this week.
本周晚些时候会有两份重要的通胀报告。
On Thursday, the US government will release the August wholesale inflation report.
周四,美国政府会公布8月份的批发层面通胀报告。
Economists expect inflation to rise from 4.7% in July to 5.4%.
经济学家预计通胀率会从7月的4.7%升到5.4%。
On Friday, the consumer inflation report will come out.
周五会公布消费者通胀报告。
Inflation is expected to drop a little from 3.4% in July to 3.3%.
预计通胀率会从7月的3.4%稍微降到3.3%。
But this number is still much higher than the Fed's 2% goal.
但这个数字还是远高于美联储的2%目标。
These reports are the last data before the Fed meets next week.
这些报告是美联储下周开会前的最后一批数据。
The Fed will decide its interest rate policy.
美联储会决定利率政策。
President Donald Trump has been pushing for lower interest rates.
总统唐纳德·特朗普一直在游说降低利率。
The Fed's new chair, Kevin Warsh, says he wants to give fewer hints about short-term rate plans to financial markets.
美联储新任主席凯文·沃什说,他希望减少向金融市场透露短期利率计划的线索。
Traders think the chance of the Fed raising its key rate is close to 60 percent. This would happen at the end of its September 16 meeting.
交易员预计,美联储在9月16日会议结束时上调联邦基金利率的概率接近60%。
In the bond market, the 10-year US Treasury yield rose from 4.78% to 4.79%.
在债券市场,10年期美国国债收益率从4.78%升到4.79%。
This is close to the highest level since autumn 2023.
这接近2023年秋季以来的最高水平。
For individual stocks, Boston Scientific fell 5.9%.
个股方面,波士顿科学公司下跌5.9%。
The reason is that a cyber security event may affect its profit expectations.
原因是网络安全事件可能影响其业绩预期。
Novartis stock dropped sharply by 13.9%.
诺华公司股票暴跌13.9%。
Because its therapy research progress is disappointing.
因为其疗法研究进展令人沮丧。
Qualcomm rose 3.2%.
高通公司上涨3.2%。
Because it announced a partnership with Amazon.
因为它宣布与亚马逊合作。
In overseas markets, Japan's Nikkei 225 fell by 1.7%.
海外市场中,日本日经225指数下跌1.7%。
The reason is that a stronger yen hurt export stocks.
原因是日元走强打击了出口股。
Hong Kong's Hang Seng Index fell by 0.4%.
香港恒生指数下跌0.4%。
Shanghai's SSE Index rose by 0.2%.
上海上证指数上涨0.2%。
Earlier, China said exports in August grew by 25% from a year ago.
此前中国公布8月出口同比增长25%。