U.S. stocks must read before the market: Europe and the United States are mixed

Original title: US stocks must read before the market: Europe and the United States mixed up and down The Fed once again reiterated that it does not consider negative interest rates Source:
Straight flush
Financial Research Center
Straight Flush (300033) Financial News Pre-market US stock index and European stocks were mixed on May 12. As of press time, the S & P 500 index futures rose 0.33%, the Nasdaq futures fell 0.39%, and the Dow 30 futures rose 0.41%. Tencent Music fell 4.03% before the market, and revenue in the first quarter fell short of expectations; Wang Jianlin’s AMC theater line rose 8.08% before the market.
In Europe, as of press time, the British FTSE 100 rose 0.89%, the French CAC40 fell 0.27%, and the German DAX rose 0.35%.
As for A shares, as of the close, the Shanghai Composite Index fell 0.11%, the Shenzhen Component Index rose 0.42%, and the GEM Index rose 1.01%. The index weakened in early trading, bottomed out in the afternoon and staged a V-shaped reversal. The GEM index rose more than 1%. The Shanghai index narrowed down. The concepts of sub-new stocks, semiconductors, and Tesla began to exert force, driving the market atmosphere to pick up. It has decreased compared with before noon, and the daily limit has increased to more than 60. The rate of fry-breaking is average, and the market atmosphere has improved.
According to the latest real-time statistics from WHO, as of 9:32 May 12th Central European Daylight Time (15:32 May 12th, Beijing time), 4,058,252 cases of new coronary pneumonia were diagnosed globally, with 281,736 deaths and more than 397 outside China Ten thousand cases.
【economic news】
Before Fed Chairman Powell attended the public event on Wednesday, the two branch chairmen said they would not consider negative interest rates. Some of the earlier Fed Funds Futures Curve has entered the negative interest rate range. Chicago Fed Chairman Charles Evans believes that negative interest rates are a “weaker” policy in the Fed’s toolbox. And Atlanta Fed Chairman Raphael Bostic also said that the negative interest rate needs a more detailed understanding of the actual economic stimulus mechanism, “it has different incentives for the economic sector.”
In April, the National Federation of Independent Enterprises (NFIB) ‘s sales expectations index for the next six months fell to negative 42 points, a drop of 30 points, which is the lowest monthly data since 1986. At the same time, a net 29% of small business owners said the economy would improve within six months, the highest since October 2018. According to data released on Tuesday, the NFIB’s optimism index for small businesses in April fell 5.5 points to a seven-year low of 90.9. Although nine of the 10 sub-indices that make up this indicator fell, boosted by the sub-index of economic optimism, the index of optimism for small businesses exceeded the analyst ’s median estimate of 83.
Norway plans to record a redemption of 382 billion Norwegian kroner ($ 37 billion) from its wealth fund. The world ’s largest sovereign investment fund may be forced to sell assets to retrieve cash in an unprecedented way. The scale of this redemption in Norway is unprecedented, four times the record set in 2016, and it also reflects the scale of economic destruction under the influence of the double crises of the new crown epidemic and the collapse of the global oil market. The largest crude oil exporter in Western Europe is currently facing the worst economic recession since the Second World War.
【company news】
Tesla CEO Musk said on Monday that despite the lack of permission from the local government, it will still restart production at the Fremont, California plant. Musk also said that if someone needs to be arrested because of this, it should be him. Tesla said that some employees have returned to their jobs on Sunday. The company also said that the start of work was in accordance with the administrative order issued by the California government on Thursday to allow the manufacturing industry to restart operations.
Toyota Motor Corp. revealed today that it expects operating profit for the fiscal year ending March next year to fall by 80%, the lowest level in nine years. The largest car manufacturer in Japan is struggling to cope with the effects of new coronary pneumonia, a virus that has weakened global car demand. The day before, Reuters quoted sources as saying that because the government had taken measures to contain the epidemic, Toyota planned to cut North American production by nearly a third by October. Globally, restrictions on public transportation have prevented workers from commuting to work, forcing car factories to close, and uncertainty about future household income has prompted drivers to delay car purchases.
Saudi state-owned oil company Saudi Aramco reported on Tuesday that its net profit fell by 25 in the first quarter