市场表现 - 标普500指数下跌近0.4% [2] - 道琼斯工业平均指数下跌0.3% [2] - 纳斯达克综合指数基本持平，微涨不到0.1% [2] 政策动态 - 美联储主席杰罗姆·鲍威尔表示官员们对于12月会议如何推进货币政策存在“强烈分歧的观点” [1] - 鲍威尔称12月会议进一步降低政策利率并非既定事实，远非如此 [1]

联邦公开市场委员会会议决策 - 美联储在10月联邦公开市场委员会会议上决定将利率下调四分之一个百分点 [1] - 美联储理事斯蒂芬·米兰对降息25个基点的决定投下反对票 其更倾向于将利率下调半个百分点 [2] - 堪萨斯城联储主席杰弗里·施密德同样投下反对票 但其倾向于维持利率不变 [2] 美联储内部意见分歧 - 米兰和施密德是10月会议上仅有的两张反对票 [1] - 米兰于9月加入美联储理事会 并在当月会议上成为唯一投反对票的理事 [2] - 同一位理事在连续两次会议上投反对票的情况较为罕见 理事们通常只会在一次会议上表达异议 随后便与委员会其他成员保持一致 [2]

CONCLUDED Stock Market News From Oct. 29, 2025: Stocks and Bonds Take a Hit Last Updated: Subscribe to Barron's Tools Customer Service 5 hours ago Treasuries Sell Off Across the Board By Karishma Vanjani U.S. government debt was selling off after the Fed's decision to take rates even lower. The 2-year yield, which closely tracks interest rates, rose by 0.033 percentage points. Higher yields mean prices of bonds have dropped given the two move in the opposite direction. It's a small move up, but still surpri ...

市场对美联储利率决议的反应 - 美联储利率制定机构宣布降息25个基点后 华尔街的即时反应是削减股票持仓 [1] - 股市在美联储降息后小幅走低 但初步反应可能不会持续 [1] 主要股指当日表现 - 标普500指数上涨0.2% 道琼斯指数上涨0.3% 纳斯达克综合指数上涨0.5% [2] - 三大指数均从先前的高位小幅回落 但当日仍保持上涨 [2]

CONCLUDED Fed Meeting Today: Interest Rates, Quantitative Tightening, Powell Speech, and More Last Updated: 4 hours ago The Fed Is Ending Quantitative Tightening By Customer Service Customer Center Megan Leonhardt The Federal Reserve's policy committee on Wednesday voted to stop shrinking its balance sheet, a strategy known as quantitative tightening, or QT. "The Committee decided to conclude the reduction of its aggregate securities holdings on December 1,†the statement said. "The Committee is strongly c ...

CONCLUDED Fed Meeting Today: Interest Rates, Quantitative Tightening, Powell Speech, and More Last Updated: 4 hours ago Read the October FOMC Statement Available indicators suggest that economic activity has been expanding at a moderate pace. Job gains have slowed this year, and the unemployment rate has edged up but remained low through August; more recent indicators are consistent with these developments. Inflation has moved up since earlier in the year and remains somewhat elevated. The Committee seeks t ...

美联储利率决议 - 美联储在为期两天的政策会议后，决定将联邦基金利率目标区间下调25个基点至375%-400% [2] - 此次降息25个基点符合投资者普遍预期，利率期货市场在决议前对此结果的预期概率为100% [2] 政策决策背景 - 美联储认为经济前景的不确定性仍然较高，并关注其双重使命所面临的双向风险 [3] - 委员会指出，近几个月来，就业方面的下行风险有所增加 [3]

货币政策预期 - 日本央行正在审议利率路径 预计将于明天公布决议 [2] - 市场普遍预期日本央行将维持利率不变 而非加息 [2] - 市场预期的主要原因是新上任的日本首相Sanae Takaichi此前曾主张实行较低利率 [2] 国际政策立场 - 美国财政部长Scott Bessent在离开日本后 似乎暗示日本央行应该提高利率 [1][2] - Bessent呼吁日本给予央行“空间”来对抗通胀并提高利率 [1]

Morningstar says to look for dividend-paying companies with strong track records and easy-to-defend business models. ...

Defensive stocks have been underperforming the market for too long—and they also look reasonably valued. Signs of a comeback are popping up. ...