美国股市在周三交易时段大幅上涨，此前民主党在2026年美国中期选举中赢得国会控制权。
U.S. stocks surged during Wednesday's session after Democrats won control of Congress in the 2026 U.S. midterm elections.
华尔街专家表示，特朗普总统愿意接受选举结果，减轻了市场对长期选举争斗的担忧。但也有人担忧，特朗普言论的转变仍可能重燃市场波动。
Experts on Wall Street said President Donald Trump’s willingness to accept the results reduced fears of a prolonged election fight. Some worry that a shift in Trump’s rhetoric could still revive market volatility.
股市周三飙升，缘于民主党在2026年中期选举中取得决定性大胜，但这未必是推动股市上涨的唯一因素。
The stock market skyrocketed on Wednesday on the heels of a decisive sweep for Democrats in the 2026 midterm elections But that was not necessarily the only driver of the climb.
杰内利投资高级经济学家托马斯·亨佩尔表示：“特朗普总统承认民主党在中期选举中获胜，并表达了与在野党合作的开放态度，这有助于市场反弹，寄希望于避免对结果的争夺和更严重的两极分化。”
"President Trump's acknowledgement of the Democrats' victory in the midterms and his expressed openness to collaborating with the opposition have helped markets to rally on hopes that contestation of the results and more adverse polarization can be avoided," said Thomas Hempell, Generali Investments senior economist.
特朗普周二晚间告诉《纽约时报》和《华尔街日报》，他接受选举结果，并将与民主党合作。这些标题新闻与股指期货的反弹同步出现。
Trump told The New York Times The Wall Street Journal overnight Tuesday that he accepted the results and would work with Democrats. Those headlines coincided with a rebound in stock market futures.
在今年中期选举前夕，华尔街一些人士日益担忧特朗普可能会对选举结果提出异议。司法部针对阿拉斯加州提起的选举诉讼，引发了对选举结果出现延迟的担忧，这将加剧市场在选举结束后通常会消除的那种不安情绪。
In the lead-up to this year's midterms, some on Wall Street grew increasingly concerned about the prospect of Trump contesting the election results Department of Justice's Alaska election lawsuit led to fears over delays with the outcome that would exacerbate the uneasiness in the market that's typically removed once the elections conclude.
CNBC美联储调查显示，在30位基金经理、策略师和经济学家中，63%的人认为，因对选举结果提起法律挑战而导致权力平衡陷入长期不确定性，构成了“一定”的市场风险。这一比例较9月的61%略有上升。此外，14%的人认为这代表“重大”市场风险，高于之前的7%。
CNBC's Fed Survey showed that among 30 fund managers, strategists and economists, 63% believe that the extended uncertainty around the balance of power created by legal challenges to the election results posed "some" market risk. That was a slight increase from 61% in September. Additionally, 14% believed it represented "significant" market risk, which was up from 7%.
投资者对特朗普接受选举结果松了一口气，德意志银行外汇研究主管乔治·萨拉韦洛斯表示，只要总统的决定不变，这将“起到遏制极端政策结果、降低风险溢价的作用”。“一个X因素”特朗普有过凭借其言论提振市场、也有过令市场下跌的历史。自由资本市场的杰伊·伍兹指出，隔夜股市反弹部分归因于总统“对结果的最初基调和反应”，他表示，关注点将转向特朗普的最新举动是否真正具有持久力。
Now, investors are breathing a sigh of relief over Trump's acceptance of the results, which should "act as a break on extreme policy outcomes and bring down risk premia," so long as the president's decision remains, said George Saravelos, head of FX Research at Deutsche Bank. 'An X factor' Trump has a history of rallying markets as well as driving them lower, with his announcements. Jay Woods of Freedom Capital Markets, who noted that the rebound in stocks overnight was partially due to the president's "initial tone and reaction to the results," said the focus will shift to whether Trump's latest move will actually have staying power.
“我认为特朗普会试图做和说正确的事，但凌晨两点他可能会改变主意，”这位首席市场策略师说。“他是一个X因素。”伍兹补充说，他对周三的大幅反弹感到“鼓舞”，但他指出，未来几周仍存在可能困扰市场的逆风——例如因中东冲突导致能源价格上涨而引发的通胀压力担忧。“特朗普如何应对将帮助我们应对这些逆风，”他说。
"I think Trump is going to try to do and say the right thing, but at two in the morning, he may change his mind," the chief market strategist said. "He is an X factor." Woods added that he's "encouraged" by Wednesday's massive rally, but he noted that there are still headwinds that could plague the market over the coming weeks — such as concerns about inflationary pressures as a result of higher energy prices from the conflict in the Middle East. "How Trump reacts to it will help us navigate those headwinds," he said.
奥赛克的菲利普·布兰卡托认为，如果特朗普“继续与民主党友好相处”，市场将迎来“非常强劲”的年终收官。
If Trump "continues to play nice" with Democrats, Osaic's Philip Blancato believes the market is going to have a "very strong" end to the year.
历史上股市在中期选举后往往会上涨，但这一次，一些人担心标普500指数今年强劲的涨势可能会阻碍这些涨幅。在特朗普做出反应后，布兰卡托不认为标普500指数年底触及8000点完全没有可能，他表示，“这很大程度上取决于他，但并非完全如此。”这只宽基指数周三上涨逾1%，其收盘价暗示距离该水平还有约4%的涨幅。
Stocks historically tend to rally after the midterms anyway, but this time around, some were worried the solid run-up in the S&P 500 this year was going to potentially hinder those gains. After Trump's reaction, Blancato doesn't think the S&P 500 hitting 8,000 by year-end is totally out of the question, saying there's "a lot predicated on him, but not completely." The broad market index gained more than 1% on Wednesday, with its closing price implying a roughly 4% gain to that level.
然而，这位首席市场策略师警告称，如果他的言论不保持一致，投资者应做好准备应对未来可能出现的任何波动。
However, investors should be prepared for any future volatility if his rhetoric does not remain the same, the chief market strategist cautioned. "The president's always going to be a wildcard," he said.
“总统总是变数，”他说。“别让一天决定全年。这是对这件事的即时反应。还有很多问题需要讨论。”
"Let's not let one day make a year. This is an instant reaction to this thing. There's still plenty of things to be hashed out."