股指期货呈现下跌态势，投资者正密切关注能源供应风险再度升温的情况，以及人工智能相关资本支出所带来的持续通胀压力。这些因素均表明美联储可能仍需进一步采取加息措施。
US stock futures are pointing to a lower open as investors weigh renewed energy-supply risks and persistent inflation pressures from AI-related capital spending that suggest the Federal Reserve may have more work to do on interest rates.
截至纽约时间上午8点，标准普尔500指数期货下跌0.2%，纳斯达克100指数期货同样下跌0.2%。
S&P 500 futures fell 0.2% as of 8:00 a.m. in New York, while Nasdaq 100 futures declined 0.2%.
有报道称白宫已要求五角大楼拟定针对伊朗的潜在打击方案，且这些行动可能在中期选举前实施，受此影响油价有所上涨。与此同时，墨西哥湾正在形成飓风“伊萨亚斯”，进一步加剧了市场对能源供应状况的担忧。
Oil advanced after a report that the White House asked the Pentagon to prepare potential strike options against Iran that could be carried out before the midterm elections. Hurricane Isaias is also developing in the Gulf, adding to concerns around energy supply.
美联储理事克里斯托弗·沃勒指出，为有效控制通胀，很可能还需继续加息；不过他也强调，决策层在加息时机上拥有一定灵活性，未必需要连续多次会议都实施加息。
Federal Reserve Governor Christopher Waller said additional rate increases will probably be necessary to bring inflation under control, while noting policymakers have flexibility over when to act and don’t necessarily need to raise rates at consecutive meetings.
人工智能依然是决定美国企业财报表现的关键因素。德意志银行策略师预计，第三季度企业盈利增速仍将维持在34%这一历史高位水平；人工智能带来的需求也将助力大型科技公司的盈利增长幅度达到约54%。
AI remains central to the outlook for the US earnings season. Deutsche Bank strategists expect third-quarter earnings growth to remain at a historically elevated 34% year-on-year pace, with AI-driven demand helping sustain earnings growth of about 54% for megacap technology companies.
花旗集团策略师理查德·施拉特与戴维·朱则指出，预计本季度实现盈利预期的公司比例将高于上一季度。他们的模型预测，在罗素1000指数成分股中，约有66%的公司能超出盈利预期，而第二季度这一比例仅为60%左右。预计科技行业实现盈利超预期的公司数量最多。
A larger share of US companies is also expected to surpass third-quarter earnings estimates than in the prior quarter, according to Citigroup strategists Richard Schlatter and David Chew. Their model projects 66% of Russell 1000 companies will beat estimates, compared with just over 60% in the second quarter. Technology is expected to notch the most earnings beats.
从全球范围来看，市场对人工智能相关业绩的反应不一。三星公布的创纪录的季度初步业绩仍未能满足最乐观的预期；而台积电的销售额则实现了51%的增长。目前投资者正密切关注即将到来的美国财报季，预计人工智能领域的支出与需求仍将是市场关注的核心主题。
Globally, the reaction to AI-related results is mixed. Samsung’s record preliminary quarterly results failed to satisfy the most bullish expectations, while TSMC delivered 51% sales growth. The contrast comes as investors prepare for a US earnings season in which AI spending and demand are expected to remain dominant themes.
当前，政策环境的不确定性正日益加剧。一项用于衡量美国经济政策不确定性的指数出现了近三年来最为显著的涨幅，尽管市场波动程度仍相对平稳。
The backdrop for policy has become increasingly uncertain. An index tracking US economic policy uncertainty has posted one of its sharpest increases in three years, even as market volatility remains relatively muted.
在企业动态方面，博通公司为支持Anthropic PBC的人工智能业务扩张已筹集了600亿美元债务资金，目前正考虑再实施一笔大规模并购交易。另据知情人士透露，SK海力士旗下的Solidigm也已选定牵头银行，为明年计划在美国进行的首次公开募股做准备。
In corporate news, Broadcom Inc. is already considering another large-scale transaction after launching $60 billion of debt financing to support Anthropic PBC’s AI build-out. And SK Hynix Inc.’s Solidigm has selected lead banks for a planned US initial public offering next year, according to people familiar with the matter.
周四，零售类股票将成为市场关注焦点。百事可乐公司下调了盈利预期，称其在北美市场的复苏进程慢于预期。与此同时，牛仔裤品牌李维斯公司虽然上调了全年盈利预期，但其直营渠道的增速却创下2022年末以来的新低，这一情况部分归因于营销失误。
Retail stocks will be in focus Thursday after PepsiCo Inc. cut its profit forecast, saying its recovery in North America is taking longer than anticipated. And denim company Levi Strauss & Co. posted the slowest growth in its direct-to-consumer channels since late 2022 — in part due to a marketing misstep — while raising its full-year earnings outlook.
高盛将帕兰提尔科技公司的股票评级从“中性”上调至“买入”，理由是该股今年表现欠佳。受此消息提振，该公司在盘前交易中股价有所上涨。
Palantir Technologies Inc. gained in premarket trading after Goldman Sachs upgraded the stock to buy from neutral, citing its underperformance this year.