时间:2018-12-08 作者:英语课 分类:CNN美国有线新闻2018年10月


英语课

 


This has not been a good week for the U.S. Stock Market. Monday and Tuesday stocks were flat for the most part. There wasn't a huge change in closing prices for the Dow Jones Industrial Average of 30 significant stocks. But Wednesday, stocks took a dive dropping nearly 832 points and Thursday wasn't much better. The Dow closed down almost 546 points. So what are investors 1 afraid of? What's causing them to sell their stocks generating a drop in stock prices?


The big factor is rising interest rates. If the U.S. economy grows too fast so does the threat of inflation, when prices rise and money buys less.


The Federal Reserve, America's Central Bank, has a tool it can use to try to limit inflation. It can raise interest rates to slow down the economy.


But one side effect of that is that higher interest rates make it more expensive for American consumers and businesses to borrow money. If they can borrow less, they tend to spend less. So companies on the stock market make less in profits and investors sell their stock. It's a connected chain of events. Wednesday was one of the U.S. Stock Market's worse days ever in terms of the number of points it lost.


UNIDENTIFIED FEMALE: The U.S. Market started the day lower and the losses only got worse. In the end, the Dow closed down more than 800 points and that was it's third worst points drop in history. The tech nominated NASDAQ was the worst hit down more than 4 percent. It's worst day in over two years. Now fears among investors have been rising in recent weeks. Ironically because of mounting evidence of the strength of the U.S. economy. We saw that reinforced again last week with news that U.S. unemployment was at it's lowest level in nearly 50 years.


Now the problem with this strong economy is that it's leading to higher interest rates. Higher bond yields which effect everything from car loans to mortgage rates and a potentially faster pace of rate rises from the Federal Reserve which could raise borrowing cost for companies and hit earnings 2. Tech stocks were the worst hit. Apple, Amazon, Facebook and especially Twitter all sharply lower on the day.


Now these are seen as the riskiest 3 stocks and that means they're the first place the investors pull their money out of when interest rate fears are rising. And on top of that, with no signs of a breakthrough in the U.S.- China trade war, investors are getting increasingly nervous about a slowing Chinese economy. That played out today in some of the luxury stocks that rely on the Chinese market.



1 investors
n.投资者,出资者( investor的名词复数 )
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
2 earnings
n.工资收人;利润,利益,所得
  • That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。
  • Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。
3 riskiest
冒险的,危险的( risky的最高级 )
  • With markets lately rising, the riskiest investments are finding takers. 他说,在周期高峰时,投资者会追逐风险最高的资产。
  • The riskiest subprime securitieshave almost no takers. 风险最高的次级证券几乎没有人持有。
学英语单词
adaptive-optics
additional commitment
amorphous phase
analog sound
anaphorically
annalized
antirevolution
arrow root starch
Atlas rocket
Bannesdorf auf Fehmarn
binder modification
braine le comte
callback
Candin
cantral terminal unit
cash ratio deposits
Cassoalala
circulation integral
collection service
continuing professional education (cpe)
continuous string
convolute mineralization
cubic-lattice cell
differents
dining-table
dioxygens
drp
easy bilge
elasto-plastic system
Federal Islamic Republic of the Comoros
final periods
fireband
formed stool
garbage trucks
Geesteren
give it another brush
greenish-grey
Hemerocallis forrestii
heparphosphotides
hexagonal-close-packed
Hochkalter
hoof-pick
hourglass curve
Imidazolo-2-Idrossibenzoate
induplication
infiltration tunnel
International Meeting of Marine Radio Aids to Navigation
Joliet, Louis
juvenile sulfur
kachang puteh
Kyaikpi
Lhenice
lifting and moving equipment
long hundred
Luchki
made for life
maquiladoras
Mary Queen of Scots
megaton bomb
metering characteristic of nozzle
mixed mode
modulation reference level
moneyhatting
NATO phonetic alphabet
nested scope
nonnarcotics
olpc
Phosphor Bronze Strip
physical distance measuring
postgena
premires
Processing loss
pyloric stenosis
queueing network model
rapid growths
re-activating
redundant recording
reheat steam conditions
right elevation
Roig, C.
rosenstiel
Rubus mesogaeus
san juan de camarones
sedentary polychaete
shikimic acid
standard specific volume
Staphylininae
sterile food
sweet basils
swing tow
temperature - sensitive mutant
the furies
top-blown
turnover ratio of accounts payable
uninstructively
united parcel service
water-stage transmitter
wax-bill
white firs
Wirrega
yellow-backeds
youthward