【今日单词&短语】uncharted watersnew and unknown areas The company is moving into uncharted waters with its Internet marketing campaign.behemoth /bɪˈhiːmɒθ/nouna huge or monstrous creature."behemoths like the brontosaurus"----------------------------原文如下:The day in the marketsby George Steer(来自:The Financial Time 金融时报)What you need to know• Wall Street posts gains at end of bruising week for Big Tech• Surge in Apple’s share price helps offset Amazon’s decline• European equities edge higher...US stocks rose yesterday as better than expected earnings from Apple lifted the iPhone maker’s shares at the end of a brutal week for some of the world’s biggest tech companies.The benchmark S&P 500 index was up 1.7 per cent by early afternoon in New York, while the tech-heavy Nasdaq Composite gained 1.8 per cent.The moves put the S&P on track for two straight weeks of gains for the first time since August.Those gains came as Apple’s share price rose after the tech giant reported $90.1bn in revenues for the September quarter, an 8 per cent increase year on year. That beat forecasts of $88.9bn and compared with $83.4bn a year ago, according to Refinitiv.But, at the same time, shares of Amazon slid after the company warned late on Thursday that consumer spending was in “uncharted waters”.The announcement from Amazon extended a surprisingly weak earnings season from US tech behemoths, defying hopes that these companies would be more resilient to a challenging economic backdrop.Shares in Microsoft, Alphabet and Facebook owner Meta have fallen in recent days as rising costs and slowing economic growth begin to take their toll on earnings.But Jeff O’Connor, head of market structure for the Americas at Liquidnet, said money was likely to pour into stocks once inflation and interest rates had clearly peaked.“We’re looking at cash levels for money managers at highs that we haven’t seen in 20 years,” O’Connor added. “When money starts to rotate back into the equity market, it’s going to be explosive.”In government bond markets, the yield on 10-year US Treasuries added 6 basis points to 4 per cent as its price fell.The yield on the 10-year German Bund rose 11bp to 2.1 per cent.The moves came a day after the European Central Bank raised interest rates by 0.75 percentage points for the second consecutive meeting in an attempt to damp rapid price growth.Elsewhere in equity markets, the Stoxx Europe 600 index edged 0.1 per cent higher....In Hong Kong, the Hang Seng index lost 3.7 per cent.
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