Public Markets 3d

最后更新: August 20, 2026, 5:42 PM ET

能源 & 大宗商品

油价期货连续第五个交易日上涨，因美国计划对伊朗实施总统特朗普称之为前所未有的经济孤立措施，推动能源股在乐观情绪减弱的情况下创下纪录。黄金收盘上涨0.6%，报4516.30美元，尽管美联储发出混合信号，但仍连续第二个交易日延续上涨。天然气期货下跌，尽管本赛季迄今最小的库存增加幅度也未能提供多大安慰。铝溢价大幅下跌，因特朗普政府表示将降低对某些加拿大出口商品的关税，而棕榈油因生物燃料需求增加和厄尔尼诺带来的产量风险，触及20个月高点。铜冶炼煤期货因山西发生致死事故后供应收紧而大涨，而原糖因印度的购买兴趣强劲，创下年度新高。玉米期货首次在18个月内突破每蒲式耳5美元，因美国农作物考察结果不及预期，推升全球供应担忧。

固定收益 & 货币

国债收益率在早盘高位回落，因最新数据显示美国经济疲软，但全球债券收益率此前曾冲至多年高点。美国长期国债在财政部意外回购操作之后逆转了之前的涨势，尽管30年期收益率仍随着美联储的努力上升。德国以自2011年以来的最高收益率出售30年期国债，因投资者担忧政府债务增加。日本的20年期国债拍卖在全球收益率上升的背景下测试了市场需求，而埃及在伊朗战争的不确定性下连续第四次按兵不动。美元因花旗警告回购风险而转为看跌，同时新兴市场货币在国债回购效应短暂后表现各异。澳大利亚的失业率意外上升至4.5%，促使交易员减少对加息的押注。

公司业绩 & 交易

Ross Stores上调了业绩展望，因第二季度利润和销售额因客流增加而增长，目前预测全年每股收益为8.61至8.77美元。Deere在财务第三季度报告中显示利润和销售额上升，主要得益于施工设备的增长，而Home Depot发布了5.7%的销售额增长，并维持了乐观的展望，因家庭主人更倾向于进行较小的维护项目。Walmart的销售增速放缓至6年来最低，计划利用近29亿美元的关税退款进行降价，而Alibaba在重度AI投资下业绩下滑。Carlsberg在非酒精饮料实现7.8%的增长的情况下提高了指导范围的下限，而Moderna因mRNA癌症治疗显示出前景，股价暴涨177%。TAMKO因借款支付股息，利润下降逾50%，而FinThrive报告了17%的利润下降并动用了1.5亿美元的信贷额度。

并购 & 资本市场

Holcim以约8.4亿欧元（9.81亿美元）收购了James Hardie的部分欧洲业务，而CapitaLand和IOI正就以19亿美元收购新加坡标志性的One Raffles Place进行谈判。Thales出售10亿欧元债券以资助其Exail收购，而KME计划在德国上市其Cunova子公司，potentially估值达10亿欧元。Vylor在其Corteva分拆之前筹集11亿美元投资等级债券，而PGIM同意购买高达30亿美元的Green Sky家庭装改贷款。BlackSun为其首只目标规模为70亿美元的体育和媒体基金筹集10亿美元，而Ripple在私人 placements债券市场筹集2.75亿美元。

科技 & 创新

Broadcom寻求超过600亿美元的债务融资，用于有利于Anthropic的AI芯片融资交易，而Google与Marvell签署了价值120亿美元的AI芯片交易。Nvidia positioning itself to benefit from the next phase of the AI boom, and SK Hynix planned over $28 billion in share buybacks. Stripe bet on an AI world still needing middlemen with its acquisition, while OpenAI introduced "Chat GPT for Teens" amid growing safety concerns. ShengShu, backed by Alibaba, considered a Hong Kong IPO, and Unitree saw shares surge 600% in its Shanghai debut.

IPO & 融资

Orion180 filed for a U.S. IPO targeting the specialty homeowners and flood insurance market, while PWRX prepared for an AI and power demand ETF listing on the Texas Stock Exchange. Kakao Mobility eyed a U.S. ADR listing after SK Hynix's success, and Cantor offered clients access to Kalshi prediction markets. Private equity firms including TPG backed Korean ride-hailing expansion, while Carlyle joined a $1 billion investment round in hypersonic missile startup Castelion.

地缘政治 & 政策

China sentenced Evergrande founder Hui Ka Yan to life in prison, capping the downfall of a property empire that triggered a prolonged economic crisis. Trump boasted of declassifying secrets while withholding key election files, and Iran remained in an uneasy standoff with the U.S. as both sides tested each other's resolve. Canada reached a deal with Trump to pause tariffs after intense negotiations, while Venezuela maintained opaque oil deals with unclear terms. India allowed tax-free sugar imports to cool prices, and Liberia agreed to take 1,200 deportees from the U.S.

银行 & 金融服务

Citi turned negative on the dollar over buyback risks, while Deutsche Bank strategist said stocks can power through rate rises if oil stays below $100. UBS warned of margin pressure risks for stocks by 2027, and Manulife CQS touted 13% IRR returns in a $1 billion SRT fund pitch. Ping An saw profits rise 36% as China's stock rally boosted returns, while Starwood lent $672 million for U.S. outdoor storage lots. Guggenheim faced loan volatility amid ongoing probes, with executives reiterating improved third-quarter earnings.

房地产 & 基础设施

Stockland rose most since 1987 as tax rules favored new builds, while Fletcher Building waited for meaningful recovery in New Zealand demand until 2027. Hovnanian swung to a third-quarter loss amid housing market challenges, and Lodge Cast Iron marked 130 years under family control. Super Micro cleared senior management in an alleged chip smuggling scheme, while SpaceX racked up wins in Washington with lucrative contracts.

医疗保健 & 生物技术

Moderna shifted focus to cancer, lifting its stock 177% after years of decline, while Novonesis led Europe's Stoxx 600 on a sales beat and guidance raise. Coty guided for first-quarter sales decline amid selective consumer spending, and Xiaomi saw net profit drop 20.5% due to memory cost pressure. Cancer treatments reshaped biotech outlooks as mRNA vaccines showed promise, while healthcare market talks covered insights on Moderna, Merck, and Novonesis developments.

市场概览

US stocks fell as bond yields rose alongside crude prices, with Walmart sinking after weak earnings reports. European stocks extended their worst losing streak in three years, while FTSE 100 dropped as miners and oil stocks weighed. Energy stocks hit records as oil rose on fading deal hopes, and chip stocks weakened across Europe. Bitcoin extended gains beyond $72,000 after record short liquidation, while crypto stocks surged after Trump reaffirmed support for the Clarity Act. Quant funds were rocked as Treasury boosted buybacks and Moderna shares leaped, creating turbulent sessions for momentum trades.