The S&P 500 slipped 0.1%, trading just above the record level it set last week.
標普500指數下跌0.1%,交易價位略高於上週創下的紀錄水平。
As of 2:09 p.m. Eastern Time, the Dow Jones Industrial Average was up 175 points, or 0.3%.
截至美東時間下午2點09分,道瓊斯工業平均指數上漲175點,漲幅0.3%。
The Nasdaq Composite fell 0.5%.
納斯達克綜合指數下跌0.5%。
Communication services stocks also showed an upward trend.
通信服務類股亦呈現上揚態勢。
Meta Platforms climbed 4.1%, T-Mobile rose 3%, AT&T gained 1.4%, while Verizon Communications advanced 2.5%.
Meta Platforms攀升4.1%,T-Mobile走高3%,AT&T上漲1.4%,威瑞森通信則上揚2.5%。
Tech stocks were undoubtedly the heaviest drag on the market.
科技股無疑是市場上最沉重的拖累。
Micron Technology fell 3.7%, Advanced Micro Devices slid 3%, and Nvidia also dropped 1.3%.
美光科技下挫3.7%,超微半導體滑落3%,英偉達亦下跌1.3%。
These companies are all among the sector's largest by market capitalisation, and they often carry considerable weight in the broader market.
這幾家企業皆屬該板塊中市值龐大、往往對整體市場舉足輕重的公司之列。
At the same time, they have been the main drivers behind the record-setting rally in the broader market this year.
與此同時,它們也是今年帶動大盤締造紀錄性漲勢的主要推手。
Magdalena Ocampo, a market strategist at Principal Asset Management, wrote in a report: "Artificial intelligence continues to underpin growth, strengthening the outlook for the technology sector and key suppliers within the supply chain.
Principal Asset Management市場策略師Magdalena Ocampo在一份報告中寫道:「人工智慧持續支撐成長,強化科技業及供應鏈中關鍵供應商的前景。
However, uncertainty about AI's long-term impact persists, making future gains depend more on the delivery of results than on potential."
然而,人工智慧長期影響的不確定性依然存在,使未來漲幅更取決於業績兌現,而非潛力。」
The international benchmark Brent crude oil price jumped by 2%, reaching $106.78 per barrel.
國際基準布倫特原油價格跳漲2%,至每桶106.78美元。
Owing to the uncertainty surrounding the war between the United States and Iran and its ongoing impact on global energy supply and inflation, oil prices have been fluctuating between $96 and nearly $110 over the past month.
由於美國與伊朗戰爭的不確定性及其對全球能源供應和通膨的持續影響,過去一個月油價一直在96美元至近110美元之間波動。
Although President Donald Trump announced on social media on Friday that he had reached an agreement with Russian President Vladimir Putin to purchase Russian diesel, aimed at curbing soaring fuel prices ahead of the US midterm elections on November 3, oil prices still jumped.
儘管總統唐納德·川普週五在社群媒體上宣布,他與俄羅斯總統弗拉基米爾·普京達成了一項購買俄羅斯柴油的協議,旨在11月3日美國中期選舉前遏制燃料價格飆升,但油價仍跳漲。
However, the plan runs counter to US efforts to reduce the funds Russia obtains from oil and gas sales, which are used to finance its war against Ukraine.
然而,該計劃與美國削減俄羅斯從石油和天然氣銷售中獲得資金、用於資助其對烏克蘭戰爭的努力背道而馳。
The relentless rise in oil prices keeps driving up gasoline prices, directly hitting many people's wallets, since gasoline is typically an indispensable expense.
油價的持續攀升不斷推高汽油價格,直接衝擊了許多人的荷包,畢竟汽油通常屬於不可或缺的支出項目。
By contrast, the impact of rising diesel prices is more indirect, as it raises the cost of transporting almost all goods, often causing prices to climb across the board for everything from food to clothing.
相較之下,柴油上漲所帶來的影響則更為間接,它抬高了幾乎所有運輸產品的成本,往往導致從食品到服裝等各類商品價格全面上揚。
The surge in energy prices and its impact on the broader economy will be the key focus this week, as Wall Street scrutinises several important economic data releases.
能源價格飆升及其對更廣泛經濟的影響將是本週的關鍵焦點,華爾街將審視幾項重要經濟數據。
These include the latest figures on the housing market, inflation, and retail sales.
其中包括房地產市場、通膨和零售銷售的最新數據。
This week's closely watched economic data will centre on reports that reflect inflation at both the consumer and business levels.
本週備受矚目的經濟數據,聚焦於反映消費者與企業層面通膨狀況的相關報告。
On Wednesday, the government will release the widely followed Consumer Price Index (CPI), a gauge that measures changes in the prices of a broad range of goods and services.
週三,政府將發布廣受關注的消費者物價指數(CPI),此指標用以衡量各類產品與服務的價格變動情形。
Economists expect the index to show that the inflation rate rose to 3.6% in September, up from 3.4% in August.
經濟學家預期,該指數將顯示9月通膨率由8月的3.4%攀升至3.6%。
On Thursday, an inflation report known as the Producer Price Index will be released, and it is also expected to show that inflation remains stubbornly high.
週四將公布被稱為生產者物價指數的通膨報告,預計也將顯示通膨仍居高不下。
This index measures the inflation that businesses face before those costs are passed on to consumers.
該指數衡量企業在成本轉嫁給消費者前面臨的通膨。
By any measure, the inflation rate remains far above the Federal Reserve's 2% target.
無論以何種標準衡量,通膨率仍遠高於聯準會2%的目標。
This prompted the central bank to raise its benchmark interest rate at its last meeting in order to curb inflation.
這促使央行在上次會議上提高基準利率,以抑制通膨。
Wall Street expects another rate hike before the end of the year.
華爾街預計年底前還會再次升息。
Inflation, along with expectations of higher interest rates, has continued to drive up Treasury yields in the bond market.
通膨以及對高利率的預期,持續推升債券市場的國債收益率。
The 10-year Treasury yield, which influences mortgage rates, recently reached its highest level since 2002 before falling back, standing at 5.24% late on Friday.
影響房貸利率的10年期國債收益率,近期觸及2002年以來的最高水平,之後有所回落,週五晚些時候報5.24%。
The U.S. bond market was closed on Monday for the Columbus Day holiday.
美國債券市場週一因哥倫布日假期休市。
This week's latest round of corporate earnings updates will heat up with bank results.
本週新一輪企業財報更新將因銀行財報而升溫。
Citigroup, JPMorgan Chase and Wells Fargo will report their results on Tuesday, while Bank of America will report on Wednesday.
花旗集團、摩根大通和富國銀行將於週二公布業績,美國銀行將於週三公布業績。
They have been posting record profits throughout the year, and Wall Street expects the same for the latest quarter.
它們今年全年一直在公布創紀錄的利潤,華爾街預計最新季度也會如此。