2024年4月，达拉斯联邦储备银行的德克萨斯州制造业一般商业活动指数相对稳定，为-14.5，与3月份的-14.4密切一致，表明未来仍将面临挑战。新订单指数仍为负值，但上涨7点，至-5.3。本月产能利用率和出货量指数均为正值，分别为4.2和5.0。衡量国家制造业状况的关键指标生产指数在4月份从-4.1上升到4.8。与此同时，公司前景指数虽然仍然为负值，但上升了10个点，达到-6.3。就业指数小幅下降至接近零的水平，表明人数没有变化。就成本而言，本月工资压力有所上升，而价格压力有所回落。最后，未来生产指数小幅上升至34.8，未来一般商业活动指数从1.3上升至7.9。

The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas held relatively steady at -14.5 in April 2024, aligning closely with March's reading of -14.4, to indicate persistent challenges ahead. The new orders index remained negative, though it pushed up seven points to -5.3. The capacity utilization and shipments indexes turned positive this month, coming in at 4.2 and 5.0, respectively. The production index, a key measure of state manufacturing conditions, rose from -4.1 to 4.8 in April. Meanwhile, the company outlook index, while still negative, improved by 10 points to -6.3. The employment index edged down to a near-zero reading, suggesting no change in head counts. In terms of costs, wage pressures picked up this month, while price pressures retreated. Lastly, the future production index inched up to 34.8, and the future general business activity index rose from 1.3 to 7.9.

美国股市周一小幅上涨，延续了前一周的涨幅，市场为一批关键盈利报告和美联储周三的利率决定做好了准备。标准普尔500指数上涨0.4%，道琼斯指数上涨100多点，纳斯达克100指数上涨0.5%。预计美国央行将在很大程度上保持借贷成本不变，尽管投资者将密切关注联邦公开市场委员会在3月和第一季度公布一批高于预期的通胀数据后言论的变化。特斯拉股价飙升11%，领涨科技巨头，此前该公司获得中国当局批准部署其驾驶员辅助系统。亚马逊、礼来、可口可乐、麦当劳、万事达、高通、辉瑞、ADP、苹果、康菲、安进、Booking和信诺等重量级公司的报告将使财报季达到顶峰。在七巨头中，苹果和亚马逊的股价上涨了近2%。

US stocks were marginally higher on Monday, extending gains from the previous week as markets positioned for a batch of key earnings reports and the Federal Reserve’s rate decision on Wednesday. The S&P 500 advanced 0.4%, the Dow added over 100 points, and the Nasdaq 100 hovered 0.5% higher. The US central bank is largely expected to hold borrowing costs unchanged, although investors will pay close attention to changes in the FOMC’s rhetoric following the batch of hotter-than-expected inflation data for March and the 1st quarter. Tesla shares soared by 11%, leading the gains for tech mega-caps after the company received the approval of Chinese authorities to deploy its driver-assistance system. Earnings season will reach its zenith with reports from heavyweight Amazon, Eli Lilly, Coca-Cola, McDonald's, Mastercard, Qualcomm, Pfizer, ADP, Apple, ConocoPhillips, Amgen, Booking, and Cigna. Among the Magnificent Seven, Apple and Amazon traded close to 2% higher.

美国10年期国债收益率在达到11月初以来的最高水平后跌至4.65%以下，投资者正在等待美联储定于周三做出的政策决定，以及定于周五公布的美国月度就业数据。预计美国央行将把利率维持在5.25%-5.50%，并重申在政策制定者确信通胀正在向2%的目标迈进之前，借贷成本不会降低。然后，注意力将转向美联储主席鲍威尔的评论，以进一步了解美联储调整利率的时机，特别是在公布数据显示持续通胀和第一季度经济增长放缓之后。在宏观经济方面，预计4月份美国非农就业人数将增加24.3万人，低于上月的30.3万人。

The US 10-year Treasury note yield eased below the 4.65% mark after reaching its highest level since early November, as investors awaited the Federal Reserve's policy decision scheduled for Wednesday, along with the monthly US jobs figures set for release on Friday. The US central bank is expected to maintain interest rates at 5.25%-5.50% and reiterate that borrowing costs will not be reduced until policymakers are confident that inflation is moving toward its 2% target. Attention will then turn to Fed Chair Powell's comments for further insights into the Fed's timing of rate adjustments, particularly following the release of data indicating persistent inflation and a slowdown in Q1 economic growth. On the macroeconomic front, US non-farm payrolls are projected to have increased by 243K in April, down from a 303K rise the previous month.

美国股市期货周一上涨，投资者为本周晚些时候公布新一轮企业业绩做好了准备，包括苹果、亚马逊、麦当劳和可口可乐的业绩，以及备受期待的美联储周三公布的政策决定和周五公布的美国月度就业数据。尽管人们的预期倾向于美联储维持当前的借贷成本，但所有人的目光都集中在主席杰罗姆·鲍威尔宣布后的新闻发布会上，以了解今年晚些时候可能的利率调整。在劳动力市场领域，预测显示4月份非农就业人数可能增加24.3万人。在个股中，特斯拉期货飙升6%，此前该公司在埃隆·马斯克周日突然访问中国后，扫清了向中国引入驾驶员辅助系统的两个关键障碍。标准普尔500指数期货上涨0.3%，创下数月来最好的一周。道琼斯指数期货上涨0.3%，纳斯达克指数期货上涨0.4%。

US stock futures rose on Monday as investors braced for a packed week that will see the release of a new round of corporate results later this week, including those from Apple, Amazon, McDonald’s, and Coca-Cola, as well as the much-anticipated Fed's policy decision due Wednesday and the monthly US jobs figure on Friday. While expectations lean towards the Fed maintaining current borrowing costs, all eyes remain on Chair Jerome Powell's post-announcement press conference for insights into potential rate adjustments later in the year. In the labor market arena, projections suggest a likely uptick of 243K in April's non-farm payrolls. Among single stocks, Tesla futures surged by 6% after the company cleared two key hurdles to introduce its driver-assistance system to China following Elon Musk's unannounced trip to the country on Sunday. S&P 500 futures were up 0.3% after posting its best week in several months. Futures tied to Dow Jones rose 0.3% and those tied to Nasdaq added 0.4%.