周三，美国股指期货在前一交易日小幅上涨后基本保持不变，交易员在对经济前景日益担忧的情况下等待贸易政策的进一步明确。最新的CB消费者信心报告影响了市场情绪，该报告显示3月份降至四年来的最低水平。周二，特朗普总统重申他反对将于4月2日生效的互惠关税的太多例外。与此同时，预计今天晚些时候到期的耐用品订单将成为投资者关注的重点。在盘前交易中，大型股涨跌互现。苹果（0.3%）、亚马逊（0.6%）和Meta（0.3%）上涨，而微软则徘徊在平稳线上。相比之下，Nvidia下跌1.3%，Alphabet下跌0.5%，特斯拉在开盘前下跌0.8%。

US stock futures remained little changed on Wednesday, following modest gains in the previous session, as traders awaited further clarity on trade policy amid growing concerns over the economic outlook. Sentiment was weighed by the latest CB Consumer Confidence report, which showed a decline in March to its lowest level in four years. On Tuesday, President Trump reaffirmed his opposition to too many exceptions on reciprocal tariffs, set to take effect on April 2nd. Meanwhile, durable goods orders, due later today, are expected to be a key focus for investors. In premarket trading, megacap stocks were mixed. Apple (0.3%), Amazon (0.6%), and Meta (0.3%) posted gains, while Microsoft hovered around the flatline. In contrast, Nvidia fell 1.3%, Alphabet declined 0.5%, and Tesla slipped 0.8% ahead of the opening bell.

根据抵押贷款银行家协会的数据，截至2025年3月21日的一周，美国30年期固定利率抵押贷款的平均合同利率（766550美元或更低）从上一时期的6.72%降至6.71%。相比之下，一年前的这一比例为6.93%。MBA经济学家Joel Kan表示：“市场仍关注潜在的贸易政策变化，而美联储将基金利率维持在目前的水平。”。

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) in the US edged down to 6.71% in the week ended March 21st 2025 from 6.72% in the previous period, according to the Mortgage Bankers Association. It compares with a rate of 6.93% a year earlier. “Markets remained focused on potential trade policy changes, while the Fed held the funds rate its current level”, Joel Kan, an MBA economist, said.

亚洲市场喜忧参半，欧洲因关税问题持续而下跌——美国沉睡之际，全球市场今日。3月25日星期二，美国股市收盘绿色，投资者对混合信号做出反应：苹果上涨，英伟达下跌，注意力转向特朗普贸易政策的可能变化。在通胀担忧、财政实力下降和美联储谨慎评论的背景下，市场不确定性依然存在。

Asia Markets Mixed, Europe Down As Tariff Concerns Persist - Global Markets Today While US Slept.On Tuesday, March 25, U.S. markets closed in green as investors reacted to mixed signals: Apple gained while Nvidia dipped, and attention turned to possible shifts in Trump's trade policy. Market uncertainty persists amid inflation worries, declining fiscal strength, and cautious Fed comments.

根据抵押贷款银行家协会的最新数据，在截至3月21日的一周内，美国的抵押贷款申请下降了2%，而前一时期下降了6.2%。住房贷款再融资申请比上周下降了5%，降至一个月来的最低水平。反过来，购买新房的抵押贷款申请增加了1%。与此同时，30年期固定抵押贷款的平均利率从6.72%降至6.71%。MBA经济学家Joel Kan在一份新闻稿中写道：“市场仍关注潜在的贸易政策变化，而美联储将基金利率维持在目前的水平。”。菅直人表示：“上周的购房活动主要是由联邦住房管理局申请增加6%推动的，因为住房库存的放松和抵押贷款利率的缓慢下降为这部分买家提供了更多的机会。”。

Mortgage applications in the US fell by 2% in the week ending March 21, following a 6.2% drop in the previous period, according to the latest data from the Mortgage Bankers Association. Applications to refinance a home loan decreased 5% from the previous week to the lowest level in a month. In turn, applications for a mortgage to purchase a new home rose 1%. Meanwhile, the average rate on the 30-year fixed mortgage dropped to 6.71% from 6.72%. “Markets remained focused on potential trade policy changes, while the Fed held the funds rate its current level,” wrote Joel Kan, an MBA economist, in a release. “Last week’s purchase activity was driven primarily by a 6 percent increase in FHA applications, as the combination of loosening housing inventory and slowly declining mortgage rates have presented this segment of buyers with more opportunities,” said Kan.