Oil Nears , Threatens Stocks' Long Run

油价逼近100美元，威胁美股长期走势

导读

《华尔街日报》财经版：油价一度冲破 99 美元/桶，美伊冲突持续扰动市场；布伦特原油较夏季低点反弹 35%，非必需消费股与工业股承压；通胀预期推高 10 年期美债收益率至 4.805%，股市再添一重挑战。

《华尔街日报》财经版 | 作者 Leo | 114 词 · 难度 ★★★★☆　油价逼近 100 美元，刷新七月新高，美伊冲突持续扰动市场，通胀预期推高国债收益率，股市再承压。

第一段：油价逼近 100 美元

“Oil soared above $99 a barrel on Tuesday before retreating, marking its highest level since July and making it increasingly difficult for investors to move on from the U.S.'s continuing war with Iran.”

英文原文　Oil soared above $99 a barrel on Tuesday before retreating, marking its highest level since July and making it increasingly difficult for investors to move on from the U.S.'s continuing war with Iran.

中文翻译　油价周二一度飙升至每桶 99 美元以上，随后回落，刷新自 7 月以来的最高水平，并使投资者越来越难以摆脱美国与伊朗持续冲突的影响。

长难句解析　结构拆解：主语 Oil；谓语动词 1 soared above $99 a barrel；时间状语 on Tuesday；介词短语 before retreating（在回落之前）；伴随状语 1 marking its highest level since July（刷新最高水平）；并列连词 and；伴随状语 2 making it increasingly difficult for investors to move on…（使…难以…）；it 为形式宾语，真正宾语是 to move on from the U.S.'s continuing war with Iran。翻译要点：soared above 飙升至…以上；before retreating 随后回落；marking its highest level 刷新最高水平；making it difficult for sb. to do 使某人难以做某事；move on from 摆脱；barrel 桶（石油计量单位）。

固定搭配

▪soar above — 飙升至…以上；例：Oil prices soared above $99 a barrel on Tuesday.

▪mark its highest level since — 刷新自…以来的最高水平；例：The price marked its highest level since July.

▪make it difficult for sb. to do sth. — 使某人难以做某事；例：It made it difficult for investors to move on from the war.

▪move on from — 摆脱，释怀；例：They need to move on from the crisis.

第二段：油价反弹冲击消费类股票

“Oil's rebound toward the year's highs is already showing up in domestic gasoline prices.”

英文原文　Brent crude, the international oil benchmark, is up around 35% from this summer's lows. Oil's rebound toward the year's highs is already showing up in domestic gasoline prices. That hit consumer discretionary stocks sharply over the past month as well as industrial companies which count oil as a key input cost.

中文翻译　布伦特原油这一国际油价基准较今年夏季低点上涨了约 35%。油价向年内高点的反弹已经体现在国内汽油价格上。这重创了过去一个月里的非必需消费品类股票，以及那些将石油视为关键投入成本的工业公司。

长难句解析　结构拆解：指示代词 That 作主语（指代前文油价反弹）；谓语 hit（打击，重创）；宾语 1 consumer discretionary stocks（非必需消费品类股票）；方式状语 sharply over the past month；在过去一个月里急剧地；并列连词 as well as；宾语 2 industrial companies（工业公司）；定语从句 which count oil as a key input cost（将石油视为关键投入成本）。翻译要点：Brent crude 布伦特原油；the international oil benchmark 国际油价基准；is up around 35% 上涨了约 35%；from this summer's lows 较今年夏季低点；rebound toward the year's highs 向年内高点的反弹；showing up in 体现在；consumer discretionary stocks 非必需消费品类股票；as well as 以及；count…as a key input cost 将…视为关键投入成本。

固定搭配

▪be up around — 上涨了大约；例：Brent crude is up around 35% from this summer's lows.

▪rebound toward the highs — 向高点反弹；例：Oil's rebound toward the year's highs is already showing up.

▪show up in — 体现在，显露在；例：The rebound is showing up in domestic gasoline prices.

▪count…as a key input cost — 将…视为关键投入成本；例：Industrial companies count oil as a key input cost.

第三段：通胀担忧推高国债收益率

“The expected impact on inflation has also sent Treasury yields higher, another challenge for stocks.”

英文原文　The expected impact on inflation has also sent Treasury yields higher, another challenge for stocks. The 10-year Treasury yield rose to 4.805% Tuesday, its highest closing level since October 2023.

中文翻译　对通胀的预期影响也推高了国债收益率，这对股市构成又一挑战。周二，10 年期国债收益率升至 4.805%，为 2023 年 10 月以来的最高收盘水平。

长难句解析　结构拆解：主语 The expected impact on inflation（对通胀的预期影响）；谓语 has sent Treasury yields higher（推高了国债收益率）；宾语补足语 higher（更高）；同位语 another challenge for stocks（对股市的又一挑战）。翻译要点：expected impact on inflation 对通胀的预期影响；has sent Treasury yields higher 推高了国债收益率；another challenge for stocks 对股市的又一挑战；The 10-year Treasury yield 10 年期国债收益率；rose to 4.805% 升至 4.805%；highest closing level since 2023 年 10 月最高收盘水平。

固定搭配

▪send yields higher — 推高收益率；例：Inflation concerns have sent Treasury yields higher.

▪another challenge for — 对…的另一挑战；例：Rising yields are another challenge for stocks.

▪rose to — 升至，上涨到；例：The yield rose to 4.805% Tuesday.

▪its highest level since — 自…以来的最高水平；例：This is its highest closing level since October 2023.

考研 / 四六级重点词汇

▪soar /sɔːr/ v. （价格、数量等）飙升，急升 — 释义：to rise quickly and to a very high level；考点：考研超高频词（财经类）；搭配 soar to（飙升至）、soar above（高出）、prices soar（价格飙升）、soar to a record high（飙升至历史新高）；区别于 surge、skyrocket、rocket 等同义词；例句：Oil prices soared to their highest level in months.

▪benchmark /ˈbentʃmɑːrk/ n. 基准，参照标准 — 释义：something used as a standard when comparing or judging other things；考点：考研超高频词（财经/经济类）；搭配 industry benchmark（行业基准）、benchmark rate（基准利率）、benchmark index（基准指数）；例句：Brent crude is the international oil benchmark.

▪discretionary /dɪˈskreʃəneri/ adj. 可自由支配的 — 释义：available to be spent or used as you want；考点：考研高频词（财经类）；搭配 discretionary spending（可自由支配支出）、discretionary income（可自由支配收入）、consumer discretionary（可选消费）；注意与 discretion（谨慎、决定权）区分；例句：Consumer discretionary stocks were hit sharply over the past month.

▪yield /jiːld/ n. 收益，回报；v. 产生（收益等） — 释义：(n.) the total amount of income from an investment；(v.) to produce；考点：考研超高频词（财经核心词）；搭配 Treasury yield（国债收益率）、high yield（高收益）、yield curve（收益率曲线）、dividend yield（股息收益率）；例句：The 10-year Treasury yield rose to 4.805%.

全文概括

中文段落大意：第一段油价周二一度飙升至每桶 99 美元以上，刷新自 7 月以来的最高水平，使投资者越来越难以摆脱美国与伊朗持续冲突的影响。第二段布伦特原油较夏季低点上涨约 35%，油价反弹推高国内汽油价格，重创非必需消费品类股票和将石油视为关键投入的工业公司。第三段通胀预期推高国债收益率，10 年期美债收益率升至 4.805%，创 2023 年 10 月以来新高，对股市构成又一挑战。

打卡作业

任务：请翻译以下划线句，重点关注"现在分词作伴随状语 + make + it + 形式宾语结构 + 介词短语作宾语补足语"这一财经新闻复合句结构。

“Oil's rebound toward the year's highs is already showing up in domestic gasoline prices.”

💬 在评论区留下你的翻译，下期公布参考答案！

上期回顾

上期划线句：Her career exploited — and transcended — rural stereotypes and kitsch to fashion a folksy chic entirely her own. 参考翻译：她的事业利用——并超越——了乡村刻板印象和媚俗艺术，创造出完全属于她自己的乡村时尚。要点：exploited 利用；transcended 超越（保留破折号）；rural stereotypes 乡村刻板印象；kitsch 媚俗艺术；fashion 作动词，意为"塑造，创造"；folksy chic 乡村时尚风格；破折号插入语 — and transcended — 的翻译处理。

作者 / Leo
来源 / The Wall Street Journal
2026-09-09
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