Morning Market News Digest And Comment 早盘市场新闻摘要及评论

Pacific Time 7:54AM : Dow+20.50，  S&P 500 +3.84， Nasdaq +3.93， Russell 2000 -6.03, WTI crude oil-1.25%，Gold+0.53%， US dollar index-0.07%, 10 Year Treasury yield 2.014% -0.002

Oversea markets: Shanghai-0.03%, Japan+0.11%, Hong Kong+1.17%, Germany-0.11%, UK+0.41%, France +0.05%.

Weak sectors: OIH, IYM, SMH  Strong sectors: GDXJ, GDX, IYR, IYZ, GLD

US stock market opened modestly lower this morning and is now trading mixed. The prospect of more tariff on EU products and profit taking after market surge yesterday on celebration of US-China trade truce are causing the market weakness. Weakness in oil and semiconductor stocks today are also negatives for the market. Technically, historical highs for major market indexes are still formidable resistances for the market. However, bullish sentiment ( VXX is weak) is still supportive. Market are consolidating gains and waiting for news for further direction. For the tech heavy Nasdaq Composite, it may trade between 50 day moving average 7863 and all time high 8176 near term.

The U.S. widened its threat to impose tariffs against the European Union, pending the outcome of a World Trade Organization case over the EU’s subsidies of the airplane manufacturer Airbus SE . The Office of the U.S. Trade Representative said Monday that as part of a long-running dispute over aircraft subsidies it would consider tariffs on an additional 89 items with an annual trade value of $4 billion, including cheese, pasta and Scottish and Irish whiskies as well as chemicals and metals. The announcement expands the USTR’s earlier threat, and now leaves items with a trade value of about $21 billion a year under consideration for tariffs, according to the statement. ---Zero Hedge

Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March. The United States and China agreed at the G20 leaders summit to restart trade talks, but factory activity shrank across much of Europe and Asia in June while growth in manufacturing cooled in the United States. ---Reuters

 CME Bitcoin futures hit $1.7 billion in notional value traded on June 26, a 30% increase from its last recorded high. The open interest for BTC futures now sits at 6,069 contracts, reportedly as a result of institutional interest. A week prior, on June 21, CME bitcoin futures broke $10,000, according to data on TradingView. Just one day prior to that, on June 20, the CME Group posted another record high of 5,311 open futures contracts totalling 26,555 BTC — approximately $280 million at press time.The value of the cryptocurrency BTC itself is hovering around $10,500. Bitcoin peaked around $13,800 last week, but failed to hold at $12,000 after temporarily trading sidewise in that range on June 28 and June 29.---Zero Hedge

Citi's Jim Suva says Apple's (AAPL) consensus estimates could fall as analysts examine the potential impact of weaker China demand. Suva again says that Apple's China sales "could be cut in half" due to a "less favorable brand image." Suva maintains a Buy rating and $205 price target, but warns of potential volatility ahead.---Seeking Alpha

The Boeing Company (BA) has encountered yet another problem—this time with its twin-aisle 787 Dreamliner planes. The US Department of Justice has reportedly subpoenaed the airplane maker regarding an ongoing investigation about 787 Dreamliner safety issues. According to the Seattle Times, the Department of Justice is seeking records relating to 787 Dreamliner productions at Boeing’s South Carolina plant. The Federal Aviation Administration has been investigating two battery overheating incidents from 2013, following which Dreamliner planes remained grounded for several months.  ---Market Realist

Roku (ROKU)— An analyst at RBC Capital Markets downgraded the streaming device maker to “sector perform” from “outperform,” citing a less attractive “risk-reward” outlook. “With the stock now trading at an intrinsically robust multiple … we see risk – reward as less compelling,” the analyst said in a note. ---CNBC

KAR Auction Services (CARS) — Shares of the car auction company fell more than 4% after Guggenheim downgraded the stock to “sell” from “neutral,” citing “cyclical headwinds” and increasing competition. ---CNBC

Nordstrom (JWN)— UBS downgraded Nordstrom to “neutral” from “buy,” and slashed its price target on the stock to $33 per share from $65 a share. The analysts said Nordstrom’s competitive position is weaker than in years past. Nordstrom shares fell 1% to around $31.10 per share. ---CNBC






太平洋时间上午7:54：道指+20.50，标准普尔500指数+3.84，纳斯达克指数+3.93，罗素2000 -6.03，WTI原油 -  1.25％，黄金+ 0.53％，美元指数 -  0.07％，10年期国债收益率2.014％ - 0.002

海外市场：上海-0.03％，日本+ 0.11％，香港+ 1.17％，德国-0.11％，英国+ 0.41％，法国+ 0.05％。

弱势行业：OIH，IYM，SMH强势行业：GDXJ，GDX，IYR，IYZ，GLD

美国股市今早开盘温和走低，目前涨跌互现。由于庆祝美中贸易协定导致昨日市场激增后的获利回吐及向欧盟产品关税的计划引发今天市场疲软。今天石油和半导体股票的走弱也是影响市场的负面因素。从技术上讲，主要市场指数的历史高位仍然是市场的强大阻力。然而，看涨情绪（VXX疲弱）仍然支持市场。市场正在作涨势后的整固并等待进一步的消息指引方向。对于高科技股的纳斯达克综合指数来说，它近期可能在50日移动平均线7863和历史高点8176之间交易。

。在世界贸易组织就欧盟对飞机制造商空中客车公司的补贴案提出结果之前，美国扩大了对欧盟征收关税的威胁。美国贸易代表办公室周一表示，作为长期争议的飞机补贴的一部分，它将考虑额外的89件物品的关税，年贸易价值40亿美元，包括奶酪，意大利面，苏格兰和爱尔兰威士忌。作为化学品和金属。该声明称，该公告扩大了USTR早期的威胁，现在每年的交易价值约为210亿美元被考虑加关税。 --- Zero Hedge

。由于对全球经济可能放缓的担忧超过欧佩克(OPEC)和包括俄罗斯在内的盟国将供应削减延长至明年3月的协议，周二油价下跌。 美国和中国在G20领导人峰会上同意重启贸易谈判，但6月份工厂活动在欧洲和亚洲的大部分地区都缩减，而制造业的增长在美国降温。---Reuters

 。CME比特币期货在6月26日交易的名义价值达到17亿美元，比上次创下的记录高出30％。据报道，BTC期货的未平仓合约目前为6,069份合约，这是由于机构持有所致。根据TradingView的数据，一周前，即6月21日，CME比特币期货突破10,000美元。就在此前一天，即6月20日，芝加哥商品交易所集团再次创下5,311份公开期货合约的新高，合计26,555份BTC  - 截至发稿时价值约为2.8亿美元。加密货币BTC本身的价值徘徊在10,500美元左右。比特币上周达到了13800美元的峰值，但在6月28日和6月29日在该范围内临时交易之后未能保持在12,000美元.---Zero Hedge

。花旗集团的Jim Suva表示，随着分析师研究中国需求疲软的潜在影响，苹果公司（AAPL）的一致预期可能会下降。苏瓦再次表示，由于“不太有利的品牌形象”，苹果的中国销售“可能减少一半”。苏瓦维持买入评级和205美元的目标价格，但警告未来潜在的波动.---Seeking Alpha

。波音公司（BA）遇到了另一个问题 - 这次是它的双通道787梦想飞机。 据报道，美国司法部已经传唤该飞机制造商正在调查有关787梦想飞机安全问题的调查。 据“西雅图时报”报道，司法部正在波音南卡罗来纳州的工厂寻找有关787梦想飞机制作的记录。 美国联邦航空管理局（Federal Aviation Administration）一直在调查2013年发生的两起电池过热事件，随后梦想飞机停飞了几个月。---Market Realist

。Roku（ROKU） - 加拿大皇家银行资本市场（RBC Capital Markets）的分析师将流媒体设备制造商的评级从“跑赢大盘”下调至“行业表现”，理由是“风险回报”前景不那么吸引人。分析师在一份报告中表示，“随着股票现在处于一个本质上强劲的多头......我们认为风险 - 回报不那么引人注目。” --- CNBC

。KAR拍卖服务公司（CARS）股价下跌超过4％，此前古根海姆（Guggenheim）将股票评级从“中性”下调至“卖出”，理由是“周期性逆风”和竞争加剧。 --- CNBC

。Nordstrom（JWN） - 瑞银（UBS）将Nordstrom的评级从“买入”下调至“中性”，并将其股价目标从每股65美元下调至每股33美元。分析师表示，Nordstrom的竞争地位比过去几年要弱。 Nordstrom股价下跌1％至每股31.10美元左右。 --- CNBC