US Stock Indexes May Drop Below Recent Lows美国股指可能会跌破近期低点

Major US market indexes slide this morning with Dow, S&P and Nasdaq are down 774, 110 and 376 respectively. The followings are some of the reasons:

1. May CPI came in at +8.6% compares to same time last year, highest since 1981. Consensus is +8.2%.

2. Famous hedge fund manager Stanley Druckenmiller said the bear market has a way to run.

3. European stock markets are down 2.5% on average.

4. TSLA (2.5%) expects Shanghai production output in Q2 to drop by 1/3.

5. Goldman Sachs downgraded NFLX (-4.6%) from Neutral to Sell, price target drops from 265 to 186.

6. DOCU dropping over 22% on earnings miss.

Today's down turn on the market will likely last for the whole day today and early next week before the Federal Reserve makes interest rate decision on Wednesday. There is a possibility that major indexes may drop below their recent lows.

美国主要市场指数今早大幅下滑，道琼斯指数、标准普尔指数和纳斯达克指数分别下跌 774、110 和 376点。 以下是其中的一些原因：

1。与去年同期相比，5 月 CPI 上涨 8.6%，为 1981 年以来的最高水平。共识为 +8.2%。

2。著名对冲基金经理斯坦利·德鲁肯米勒（Stanley Druckenmiller）表示，熊市还会继续。

3。欧洲股票市场平均下跌 2.5%。

4。TSLA（-2.5%）预计上海二季度产量会下降1/3。

5。高盛将 NFLX (-4.6%) 的评级从中性下调至卖出，目标价从 265 降至 186。

6。DOCU 因盈利低于预期而下跌超过 22%。

今天美股的下行趋势可能会持续一整天以及下周初到美联储周三做出利率决定之前。 主要股指有可能跌破近期低点。