Market Highlights 💡- 7 June 2024
* U.S. stocks end lower as investors await key job market data
🇺🇸 S&P 500: -0.02% 📉
🇺🇸 Nasdaq: -0.08% 📉
🇪🇺 Stoxx 600: 0.70% 📈
🇯🇵 Nikkei 225 Index: 0.55% 📈
🇭🇰 Hang Seng Index: 0.43% 📈
🇨🇳 CSI 300 Index: -0.05% 📉
* U.S. markets were broadly lower on Thursday, with the S&P 500 $S&P 500(.SPX)$ and Nasdaq Composite $NASDAQ(.IXIC)$ inching down -0.02% and -0.1%, respectively, after a key labor market report, down from record highs set in the previous session. Points fall back.
* U.S. initial jobless claims rose to 229,000 last week, above expectations for 221,000, and first-quarter unit labor costs rose less than previously expected, suggesting the labor market is cooling.
* The European Central Bank cut interest rates by 25 basis points to 3.75% for the first time in five years, but investors were left in the dark about its next steps amid growing uncertainty about inflation.
* Asia-Pacific stocks ended mixed, with the Hang Seng Composite up 0.4% and the CSI 300 down -0.1%, but sentiment was mostly positive as investors bet on a rebound in China and a rate cut by the European Central Bank.
💡 Future events: 💡
* To end the week, we will see the release of US non-farm payroll changes and the unemployment rate.
💡 Things you need to know today: 💡
1. The U.S. trade deficit increased 8.7% to $74.6 billion in April as a rise in imports outweighed a modest increase in exports.
US Trade Deficit
2. Embattled property developer Country Garden $COUNTRY GARDEN(02007)$ announced in a filing on Thursday that Hong Kong's High Court has postponed the hearing on its liquidation application until July 29.
Country Garden
3. Bank of Japan Governor Kazuo Ueda said the central bank should reduce its large-scale bond purchases to get rid of large-scale monetary stimulus policies, thereby strengthening its commitment to gradually reduce its balance sheet of nearly US$5 trillion.
Kazuo Ueda
4. Amazon $Amazon.com(AMZN)$ faces a $1.3 billion class-action lawsuit from British retailers who claim that Amazon uses their data to increase their market share and profits.
Amazon
✅ KEY TAKEAWAYS:
The weekly jobless claims report was the latest data to suggest an easing labor market, which could allow the Federal Reserve to start cutting interest rates.
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基于2024年6月7日的市场亮点：
由于投资者等待关键的就业市场数据，美国股市收低。标准普尔500指数和纳斯达克综合指数在前一交易日创下历史新高后，分别小幅下跌-0.02%和-0.1%。
美国上周初请失业金人数升至22.9万人，超过预期的22.1万人。此外，第一季度单位劳动力成本涨幅低于此前预期，表明劳动力市场降温。
欧洲央行（ECB）降息25个基点至3.75%，为五年来首次降息。然而，由于通胀担忧加剧，投资者对欧洲央行的下一步行动仍不确定。
亚太股市表现不一，恒生综合指数上涨0.4%，沪深300指数下跌-0.1%。总体而言，由于投资者预期中国经济反弹和欧洲央行降息，市场情绪大多积极。
展望未来，未来关键事件包括美国非农就业变化和失业率的发布。
其他重要消息：
美国4月份贸易逆差增加8.7%至746亿美元，原因是进口增长超过出口小幅增长。
地产商碧桂园宣布，香港高等法院已将其清盘申请的聆讯推迟至7月29日。
日本央行行长植田和夫表示，央行应减少大规模购债以逐步缩减资产负债表，释放出缩减货币刺激政策的承诺。
亚马逊正面临英国零售商13亿美元的集体诉讼，这些零售商指控该公司利用他们的数据来提高市场份额和利润。
要点：每周初请失业金报告显示劳动力市场疲软，这可能导致美联储考虑降息。
请注意，所提供的信息仅供参考，不构成投资建议。
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