美国股市周三上涨，投资者等待唐纳德·特朗普总统的关税宣布。标准普尔500指数上涨0.7%，纳斯达克100指数上涨0.8%，道琼斯指数上涨235点。特斯拉股价飙升5.3%，扭转了早些时候与季度交付疲软相关的损失，此前有报道称埃隆·马斯克可能会辞去他在政府中的顾问职务。关税的不确定性让投资者感到不安，有猜测称特朗普正在考虑对进口商品征收20%的广泛关税，这引发了人们对潜在贸易战的担忧。白宫证实，关税将在美国东部时间下午4点正式宣布后立即生效。与此同时，随着市场权衡经济影响，10年期国债收益率上涨至4.16%。由于波动性挥之不去，投资者将注意力转向即将发布的3月就业报告，以进一步了解美国经济的健康状况。

US equities advanced on Wednesday as investors awaited President Donald Trump’s tariff announcement. The S&P 500 rose 0.7%, the Nasdaq 100 gained 0.8%, and the Dow Jones climbed 235 points. Tesla shares surged 5.3%, reversing earlier losses tied to weak quarterly deliveries, following reports that Elon Musk might step down from his advisory role in the administration. Uncertainty over the tariffs kept investors on edge, with speculation that Trump was considering broad 20% levies on imports, raising fears of a potential trade war. The White House confirmed the tariffs would take effect immediately following the official 4 p.m. ET announcement. Meanwhile, the 10-year Treasury yield ticked up to 4.16% as markets weighed the economic implications. With volatility lingering, investors turned their attention to the upcoming March jobs report for further signals on the health of the U.S. economy.

美元小幅下跌，交易员等待关税明确。衡量美元对一篮子货币价值的美元指数（DXY）在周三的交易时段跌破104.00，因为在白宫正式宣布关税之前，人们更加谨慎。尽管3月份ADP就业变化数据强于预期，但美元仍面临压力。

US Dollar edges lower as traders await clarity on tariffs.The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, is trading below the 104.00 area during Wednesday's session amid heightened caution ahead of the White House's official tariff announcement. Despite stronger than expected ADP Employment Change data for March, the Greenback remains under pressure.

周三，美国股市在动荡的交易时段反弹，华尔街正在为唐纳德·特朗普总统的关税宣布做准备。标准普尔500指数上涨0.2%，纳斯达克100指数上涨0.4%，道琼斯指数在最初下跌超过1%后上涨70点。特斯拉股价飙升5%，抹去了早些时候因季度交付疲软而造成的损失，此前有报道称埃隆·马斯克可能会辞去他在政府中的顾问职务。投资者仍处于紧张状态，因为关税的不确定性加剧了人们对潜在贸易战的担忧，有报道称特朗普正在考虑对进口商品征收20%的广泛关税。白宫证实，关税将在美国东部时间下午4点正式宣布后立即生效。与此同时，随着市场权衡经济影响，10年期国债收益率上涨至4.16%。随着波动性的持续，投资者将注意力转向即将发布的3月就业报告，以进一步了解美国经济的实力。

Stocks in the US rebounded on Wednesday in a turbulent session as Wall Street braced for President Donald Trump’s tariff announcement. The S&P 500 climbed 0.2%, the Nasdaq 100 advanced 0.4%, and the Dow Jones added 70 points after initially sliding more than 1%. Tesla shares surged 5%, erasing earlier losses from weak quarterly deliveries, after reports suggested Elon Musk might step down from his advisory role in the administration. Investors remained on edge as uncertainty over the tariffs fueled fears of a potential trade war, with reports indicating Trump was considering broad 20% levies on imports. The White House confirmed the tariffs would take effect immediately following the official announcement at 4 p.m. ET. Meanwhile, the 10-year Treasury yield ticked up to 4.16% as markets weighed the economic implications. With volatility persisting, investors turned their attention to the upcoming March jobs report for further clues on the strength of the U.S. economy.

周三，华尔街交易谨慎，投资者等待特朗普总统关税的明确消息。标准普尔500指数和纳斯达克指数微涨0.1%，道琼斯指数上涨89点（0.2%）。特斯拉股价下跌2%，该公司报告称，2025年第一季度汽车交付量每年下降13%。特朗普的关税将在美国东部时间下午4点白宫宣布后立即生效，这仍然是一个主要问题。报告显示，对大多数进口商品征收约20%的关税，尽管最终决定仍在辩论中。财政部长斯科特·贝森特表示，宣布的利率将是最高的，为谈判留出了空间。与此同时，ADP报告显示，3月份私营部门就业人数意外增加15.5万人，远高于预测的10.5万人。

Wall Street traded cautiously Wednesday as investors awaited clarity on President Trump’s tariffs. The S&P 500 and Nasdaq edged up 0.1%, while the Dow gained 89 points (0.2%). Tesla fell 2% as the company reported a 13% annual decline in vehicle deliveries in Q1 2025. Trump's tariffs, set to take effect immediately after a White House announcement at 4 p.m. ET, remain a major concern. Reports suggest duties of around 20% on most imports, though final decisions are still being debated. Treasury Secretary Scott Bessent indicated the announced rates would be a maximum, allowing room for negotiations. Meanwhile, the ADP report showed a surprise 155K gain in private sector employment in March, well above forecasts of 105K.