Morning Market News Digest And Comments 早盘市场新闻及评论

Pacific Time 8:12 AM : Dow +63.50，  S&P 500+12.33， Nasdaq+39.48， Russell 2000+7.92 ,WTI crude oil+0.34%，Gold-0.07%， US dollar index+0.08%, 10 Year Treasury yield 2.269%+0.033

Oversea markets: Shanghai－0.31%, Japan-0.29%, Hong Kong -0.44%, Germany+0.52%, UK+0.50%, France＋0.54%.

Weak sectors: GDXJ,TLT  Strong sectors:SMH, FDN, XRT, XLY, EEM, XLF, SOCL

After major stock indexes held important supports during yesterday's trading, US stocks find buyers today. Major market indexes opened up and are holding moderate gains. The market will likely bounce from here since both the S&P 500 and Nasdaq Composite hold above their 200 day moving averages and the Dow holds above its 38% retracement level.  Month end buying and weak VIX should also support the market. Technical bounce targets for Dow, S&P 500 and Nasdaq Composite are 25430, 2860 and 7850 respectively.

。The U.S. grew a bit slower in the first three months of 2019 than originally reported, mostly because of weaker business investment. Corporate profits also fell for the second quarter in a row in a negative sign for the economy. Gross domestic product, the official scorecard for the economy, grew at a 3.1% annual pace in the first quarter, the government said Thursday. GDP was marked down from an initial 3.2% estimate. ---Market Watch

。The U.S. trade deficit in goods widened slightly in April, rising to a seasonally adjusted $72.1 billion from $71.9 billion, the Commerce Department said Thursday in an “advanced” look at the data. ---Market Watch

。Initial Jobless Claims +3K at 215K in-line with consensus, 212K prior (revised). Continuous Claims: -26K to 1.657M vs. 1.662M consensus, 1.683M prior (revised). ---Seeking Alpha

。Morgan Stanley reiterates its estimate that Apple's (AAPL) FY20 earnings could take a 23% hit in the worst case scenario of the U.S. imposing a 25% tax on all Chinese imports. But the firm expects Apple to raise prices to soften the impact to a more likely 19% profit reduction. Morgan doesn't expect China to ban iPhones since the devices are produced in the country. Goldman Sachs and Cowen previously predicted 29% and 26% earnings reductions, respectively, if China did ban the iPhone. Morgan Stanley maintains an Overweight rating on Apple but lowers the PT from $240 to $231. The firm says shares have hit a near-term floor at $160. ---Seeking Alpha

。Barclays cut Tesla (TSLA)price target on the stock to $150 (from $192) following the latest comments from Elon Musk. "While our demand is strong, we have a lot of vehicle deliveries to catch up to in order to have a successful quarter," he wrote in a company-wide email reported by multiple media outlets. ---Seeking Alpha

。Citigroup （C）was upgraded to “buy” from “neutral” at Goldman Sachs, which thinks the bank has a realistic path to growth in key metrics next year even without strengthening global growth or higher interest rates. ---CNBC

。Palo Alto Networks（PANW） — Palo Alto beat estimates by 6 cents a share, with adjusted quarterly profit of $1.31 per share. The cybersecurity company’s revenue also topped Wall Street forecasts, however it gave a weaker-than-expected current-quarter forecast as acquisitions negatively impact its bottom line. ---CNBC

。Dollar General (DG)— The discount retailer earned $1.48 per share for the first quarter, 9 cents a share above estimates. Revenue came in above forecasts as well, and a same-store sales increase of 3.8% beat the Refinitiv consensus of a 2.9% rise. ---CNBC






太平洋时间上午8:12：道指+63.50，标准普尔500 + 12.33，纳斯达克+ 39.48，罗素2000 + 7.92，WTI原油+ 0.34％，黄金-0.07％，美元指数+ 0.08％，10年期国债收益率2.269％0.033

海外市场：上海-0.31％，日本-0.29％，香港-0.44％，德国+ 0.52％，英国+ 0.50％，法国+ 0.54％。

弱势行业：GDXJ，TLT  强势行业：SMH，FDN，XRT，XLY，EEM，XLF，SOCL

在主要股指在昨天的交易中获得重要支撑后，美股今日有买家。 主要市场指数开盘并保持温和上涨。 由于标准普尔500指数和纳斯达克综合指数均维持在200日移动均线上方并且道琼斯指数也守住38％的回撤位，因此市场可能会从此反弹。 月底的买盘和走弱的VIX也应该对市场有所帮助。 道指，标准普尔500指数和纳斯达克综合指数的技术反弹目标分别为25430, 2860和7850。

。2019年前三个月美国的增长速度比原先报告的要慢，主要是因为商业投资减弱。企业利润也连续第二个季度下滑，对经济产生负面影响。政府周四表示，第一季度国内生产总值年增长率为3.1％。国内生产总值从最初的3.2％估计下降。 ---Market Watch

。美国商务部周四公布的数据显示，4月份美国商品贸易逆差略有扩大，经季节性调整后从719亿美元上调至721亿美元。 ---Market Watch

。首次申请失业救济人数增加3K到215K，符合预期，先前为212,000（经修订）。持续索赔：-26K至1.657M对比1.662M共识，1.683M之前（经修订）。 ---Seeking Alpha

。摩根士丹利重申其估计苹果公司（AAPL）的FY20盈利可能会受到23％的打击，因为美国对所有中国进口产品征收25％的税。但该公司预计苹果公司将提高价格以减轻其影响，从而实现19％的利润减少。由于这些设备是在中国生产的，摩根不觉得中国会禁止使用iPhone。如果中国禁止使用iPhone，高盛和考恩（Cowen）之前预计分别减少29％和26％的盈利。摩根士丹利维持对苹果的增持评级，但将目标价从240美元降至231美元。该公司表示股价已触及近160美元的近期底部。 ---Seeking Alpha

。根据Elon Musk的最新评论，巴克莱将特斯拉（TSLA）的股价目标定为150美元（从192美元下调）。 “虽然我们的需求很强劲，但为了获得成功的季度，我们有很多车辆需要赶上，”Elon Musk在多家媒体报道的公司电子邮件中写道。 ---Seeking Alpha

。花旗集团（C） 被高盛（Goldman Sachs）升级为“买入”，认为即使没有加强全球经济增长或更高的利率，该银行明年也会在关键指标上实现增长。--- CNBC

。Palo Alto Networks （PANW）每股盈利6美分，调整后的季度利润为每股1.31美元。这家 网络安全公司的收入也超过了华尔街的预期，但由于收购对其盈利产生了负面影响，因此当前季度预测弱于预期。--- CNBC

。Dollar General（DG） - 折扣零售商第一季度每股收益1.48美元，比预期高出每股9美分。 收入也高于预期，同店销售增长3.8％，超过Refinitiv预测的2.9％。--- CNBC