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Description

【今日单词】

tepid /ˈtɛpɪd/

adjective

showing little enthusiasm.

"the applause was tepid"

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原文如下:

The day in the markets

by  George Steer 

(来自:The Financial Time 金融时报)

What you need to know

• Wall Street stocks edge lower ...

...

• Crude oil advances with international benchmark Brent rising

...

Wall Street’s benchmark S&P 500 fell 0.2 per cent and the tech-heavy Nasdaq Composite lost 0.4 per cent, echoing tepid moves in Europe.

...

...

US equities have rallied this month but sold off yesterday after fresh data showed that consumer confidence in the world’s biggest economy fell for the second consecutive month in November, as prices for food and gas rose.

Investors were also alert to hawkish comments from John Williams, president of the Federal Reserve Bank of New York, who warned on Monday that US unemployment could rise from its current level of 3.7 per cent to 4.5-5 per cent by the end of next year.

“Inflation is far too high and persistently high inflation undermines the ability of our economy to perform at its full potential,” he said in a statement.

Across the Atlantic, the pan-regional Stoxx Europe 600 fell 0.1 per cent but London’s FTSE 100 added 0.5 per cent.

Oil prices rose, with the international benchmark Brent crude oil up 0.3 per cent to $83.47 a barrel.