Morning Market News Digest 早盘市场新闻摘要

。Pacific Time 7:37AM : Dow -54.6，  S&P 500 -8， Nasdaq -43.54, Russell 2000 -5.68, WTI crude oil-0.33%，Gold -0.53%， US dollar index-0.13%.

。Oversea markets: Shanghai－0.34%, Japan+1.37%, Hong Kong-0.33%, Germany+0.13%, UK －0.05%, France+0.07%.

。Weak sectors: OIH, PPH  Strong sectors:SMH, GDXJ, FXI, GDX, IBB, SOCL

。US Treasury Secretary Steven Mnuchin said on Saturday a US-China trade agreement would go "way beyond" previous efforts to open China's markets to American companies and the two sides were "getting close to the final round of concluding issues." "This is way Beyond that that looked like a bilateral investment treaty," he added. Mnuchin and US Trade Representative Robert Lighthizer will hold two calls next week with Chinese Vice Premier Liu He and are "discussing whether more in-person meetings are necessary" to conclude an agreement .---Seeking Alpha

。Global finance chiefs ended talks in Washington mixing concern toward the current state of the world economy with confidence that it will soon rebound. The shift away from tighter monetary policy by central banks, recent stimulus in China and easing trade tensions were hailed as reasons to hope The slowdown will prove short-lived although nobody forecast a renewed boom. With stocks already rallying on optimism about the outlook, officials at the International Monetary Fund's spring meetings said growth is set to "firm up." IMF Managing Director Christine Lagarde nevertheless warned the World is at a "delicate moment," and at risk of "self-inflicted wounds." ---Bloomberg

。A combination of low liquidity and high complacency mean cross-asset volatility won’t stay at historic lows for much longer, according to Morgan Stanley. ---Bloomberg

。Citigroup (C ＋0.30%): Q1 GAAP EPS of $1.87 beats by $0.08. Revenue of $18.58B (-1.5% Y/Y) beats by $20M. ---Seeking Alpha

。Goldman Sachs (GS －2.38%): Q1 GAAP EPS of $5.71 beats by $0.69.
Revenue of $8.81B (-12.6% Y/Y) misses by $80M. ---Seeking Alpha

。Oppenheimer downgraded CVS  （＋2.90%）to “perform” from “outperform,” citing near-term legacy business challenges and its opinion that the execution of the company’s strategy is more of a longer term opportunity for investors. ---CNBC

。Wells Fargo(WFC ＋1.05%) was downgraded to “neutral” from “buy” at Goldman Sachs and removed from the “Conviction Buy” list. Goldman questions the bank’s ability to meet near-term and long-term financial targets. ---CNBC

。Citi maintain Pacific Gas and Electric (PCG ＋3.42%) Buy rating, set price target to 33.






。太平洋时间早上7点37分：道指-54.6，标准普尔500 -8，纳斯达克-43.54，罗素2000 -5.68，WTI原油-0.33％，黄金-0.53％，美元指数-0.13％。

。海外市场：上海-0.34％，日本+ 1.37％，香港-0.33％，德国+ 0.13％，英国-0.05％，法国+ 0.07％。

。弱势行业：OIH，PPH   强势行业：SMH，GDXJ，FXI，GDX，IBB，SOCL

美国财政部长斯蒂芬姆努钦周六表示，美中贸易协定将“超越”先前为中国市场开放给美国公司的努力，双方“正在接近最后一轮讨论结束问题”。 “除此之外，这看起来像是双边投资条约，”他补充说。 Mnuchin和美国贸易代表Robert Lighthizer将于本周与中国国务院副总理刘鹤举行两次电话会议，并“正在讨论是否需要更多的面对面会议”来达成协议.---Seeking alpha

全球财长结束了在华盛顿的会议而对世界经济现状担忧，但对其即将反弹的信心充满信心。中央银行对收紧货币政策的转向，中国最近的刺激措施以及缓解贸易紧张局势被人们称赞为希望而放缓将证明是短暂的，尽管没有人预测会再次出现繁荣。国际货币基金组织（IMF）春季会议的官员表示，股市已经因前景乐观而上涨，因此经济增长将“坚挺”。尽管如此，国际货币基金组织总裁克里斯蒂娜拉加德警告说，世界处于一个“微妙的时刻”，并且面临“自我伤害”的风险。 ---彭博

摩根士丹利表示，低流动性和高度自满意味着资产的波动不会长期保持历史低点。 ---彭博

花旗集团（C ＋0.30%）：第一季度GAAP每股盈利1.87美元，好于预期0.08美元。营业额18.58亿美元（同比下降1.5％）超过预期2000万美元。 ---Seeking Alpha

高盛（GS －2.38%）：第一季度美国通用会计准则每股收益5.71美元，好于预期0.69美元。 $8.81B（-12.6％Y / Y）的营业额错过预期$ 8,000。 ---Seeking Alpha

Oppenheimer将CVS （＋2.90%）评级从“跑赢大盘”下调至“大市表现”，理由是近期的传统业务挑战及其认为公司战略的执行对投资者来说只是更长期的机会。 --- CNBC

富国银行（WFC ＋1.05%）被高盛从“买入”降级为“中立”，并从“强力买入”（Conviction Buy）名单中删除。高盛质疑该银行满足近期和长期财务目标的能力。 --- CNBC

花旗维持太平洋天然气和电力公司（PCG ＋3.42%）买入评级，将目标价定为33。