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美股收盘 | 标普大盘和纳指跌离七周高位，谷歌跌超2%，芯片股多数下跌

Wallstreet News · 01/25 07:12

来源：华尔街见闻

美国1月Markit综合PMI连续七个月陷入萎缩，纽交所开盘技术故障一度导致数十只蓝筹股暴跌暂时停牌，标普大盘和纳指盘初跌0.7%，道指跌近320点。午后道指转涨，最终收涨超百点且连涨三日，昨日领跑的芯片股跌离五个月高位。

又有欧央行票委支持鹰派加息，美元盘中转跌失守102，欧元上逼1.09近九个月新高，PMI不佳令英镑一度跌超百点。美债收益率因美国PMI数据短暂转涨，午盘后与欧债收益率跌幅集体扩大。

OPEC+2月油产政策或按兵不动，油价盘中齐跌2美元或跌超2%。黄金站上1930美元且四日连创九个月新高，伦铝和镍徘徊七个月高位。

在高通胀和高利率压力持续存在的背景下，投资者关注财报季和美国经济数据展现的经济健康程度。今日盘后微软公布四季度财报，盘前强生、通用电气、电信巨头威瑞森等发布了财报。

瑞银全球财富管理首席投资官 Mark Haefele指出：“短期内市场或没有太大上涨空间，尤其是考虑到我们对美股企业利润增长持续面临压力的展望。”

欧洲央行再有多位票委发言鹰派，支持短期内继续加息，今年夏季或达到利率峰值，有票委称鉴于欧元区薪资压力加重，应当再多次大幅加息50个基点，欧元兑美元徘徊九个月高位。

欧美经济数据好坏参半：

美国1月费城联储非制造业指数升至-6.5，新订单、销售和就业等重要分项指数均抬升，支付价格指数有所下跌。但同月里士满联储制造业指数大幅降至-11，预期-5，前值1。
美国1月Markit服务业与制造业PMI初读均较前值改善，但整体商业活动连续第七个月处于萎缩区间，输入价格通胀指标自去年5月来首次上升。美债收益率和纳指一度转涨，随后再度转跌。
标普全球的首席商业经济学家Chris Williamson称，美国经济在2023年以令人失望的疲软开局，商业活动萎缩速度为2008年金融危机以来最严重，衰退的迹象越来越明显。
欧元区1月服务业与综合PMI均超预期增长并重返扩张，温和增长趋势恢复提振了该地区可能避免衰退的希望，德国服务业活动自去年6月来首返扩张，为欧央行2月加息50个基点铺路。
但英国1月制造业和服务业PMI初值超预期下滑，私营部门经济活动以两年来最大速度萎缩，同月CBI工业订单差值为-17，创2021年2月以来新低，英镑兑美元在主要货币中表现最差。

标普、纳指和罗素小盘股跌离七周高位，芯片股无缘五个月最高，道指三连涨至一周新高

1月24日周二，美股开盘齐跌，道指最深跌近320点或跌0.9%，标普500指数、纳指和罗素小盘股最深跌0.7%，午盘后道指转涨，其他股指跌幅显著收窄，标普重返4000点整数位。

盘初纽交所曾遭遇技术故障，导致至少40只标普500指数成分股票暂停交易，波及摩根士丹利、威瑞森、AT&T、耐克、沃尔玛和麦当劳等蓝筹股。但开盘20分钟后交易恢复正常。

截至收盘，标普、纳指、纳指100和罗素小盘股均脱离昨日收盘所创的七周新高，且止步两日连涨，费城半导体指数脱离五个月高位，但道指连涨三日至一周新高：

标普500指数收跌2.86点，跌幅0.07%，报4016.95点。道指收涨104.40点，涨幅0.31%，报33733.96点。纳指收跌30.14点，跌幅0.27%，报11334.27点。纳斯达克100指数收跌0.2%，罗素2000小盘股指数跌0.3%。
标普11个板块涨跌各异，其中，电信服务和医疗保健跌超0.6%表现最差，能源和可选消费跌约0.2%，信息技术/科技跌近0.1%，日用消费品、房地产和公用事业则涨约0.4%，工业板块涨超0.6%表现最佳。

明星科技股涨跌不一。“元宇宙”Meta涨超1%后收盘微跌，但徘徊四个月高位，亚马逊跌超1%，苹果涨1%至六周高位，微软跌0.2%脱离一个月高位，盘后涨近5%。谷歌A跌超2%脱离七周高位，奈飞涨1.8%至九个半月最高，特斯拉涨近2%后一度转跌1.8%，最终微涨再创五周新高。

芯片股多数下跌。费城半导体指数跌0.7%但站稳2900点上方，脱离昨日所创的五个月新高。英伟达转涨0.4%，英特尔跌超1%，AMD跌超2%，高通涨1.5%后转跌，德州仪器跌6%但盘后涨近2%。VanEck半导体ETF跌0.7%，1月涨超16%，将创2001年来最佳年度开局和两个月最大涨幅。

消息面上，特斯拉计划在美国内华达州新建35亿美元工厂生产电动卡车，并将美国Model Y起始价提高500美元至53490美元。美国政府加大反垄断力度，就广告市场问题起诉谷歌，要求拆分谷歌广告/科技业务，或成美国四十年来最大企业拆分案。因个人电脑市场趋势恶化，Bernstein下调AMD评级至“持有”。云业务增长强劲令微软四季度盈利超预期，德州仪器也财报超预期。

热门中概尾盘跌幅收窄。中概ETF KWEB跌0.5%，CQQQ跌0.2%，纳斯达克金龙中国指数（HXC）跌0.4%。纳斯达克100四只成份股中，京东和拼多多均跌1.5%后收涨约1%，网易转跌0.4%，百度跌2.6%。其他个股中，阿里巴巴跌0.1%，腾讯ADR跌0.5%，B站跌2%，蔚来汽车涨近19%后转跌超3%，小鹏汽车跌近5%，理想汽车跌近1%。被J Capital做空的满帮ADR跌超6%。

其他变动较大的个股包括：

威瑞森盘初股价异常，一度涨近13%触发暂时停牌，恢复交易后止跌转涨2%，四季度财报符合预期，但2023年调整后盈利前景展望不佳。
国防承包商洛克希德·马丁涨近2%，四季度营收和盈利均超预期。强生最深跌1.4%，连跌11日至三个月新低，四季度盈利超预期但未达收入预期，全年盈利前景略高于预期。
工业巨头3M跌超6%至三个月新低，四季度收入超预期但盈利不佳，全年业绩指引不振，预计销售额将下滑2%至6%并在全球裁减2500个制造业岗位。通用电气跌近3%后转涨超1%，四季度财报超预期，但2023年调整后每股收益逊于预期，可再生能源业务受通胀和供应链拖累。
美国运动休闲零售商Lululemon一度跌超4%，Bernstein下调评级至“减持”，目标价降50美元至290美元，较周一收盘跌超8%，警告服装股即将重置且该公司面临后疫情时代的增长拐点。

欧央行票委鹰派发言压低欧股，泛欧Stoxx 600指数收跌0.24%，医疗保健和油气股跌超1%领跌，但旅游和休闲股上涨1.4%，银行股涨0.6%，1月PMI初值重返温和扩张令与经济相关的欧洲工业股涨近1%。主要国家股指涨跌不一，PMI数据不佳令英股跌幅相对最深。

美债收益率在美国PMI数据后短暂转涨，午盘后与欧债收益率跌幅集体扩大

周二各期限美债收益率齐跌，美国PMI数据发布后曾短暂止跌转涨，午盘后跌幅扩大、刷新日低。

10年期基准美债收益率跌6个基点至3.46%，PMI发布后一度上冲3.54%。30年期长债收益率跌7个基点至3.62%，PMI发布后一度转涨至3.70%。对货币政策更敏感的两年期收益率一度跌4个基点并失守4.20%，跌离一周高位，PMI发布后一度上冲4.25%。

货币市场交易员认为，美联储在今年晚些时候开始降息之前，到6月之前只会再加息两次且每次加息“更传统的”25个基点，利率峰值为5%左右。美联储则坚称后续或共加息75个基点。

欧债收益率同样尾盘跌幅扩大。欧元区基准的两年与10年期德债收益率均跌超5个基点，德国基债收益率1月2日曾创下2011年7月以来的最高水平2.569%。但有分析称，欧元区PMI重上50这一经济增长改善的前景，尚未被计价入欧债市场，未来欧债收益率或更高。

油价盘中齐跌2美元或跌超2%，美油徘徊80美元，欧洲天然气最深跌超12%至一周低位

WTI 3月原油期货收跌1.49美元，跌幅1.82%，报80.13美元/桶。布伦特3月原油期货收跌2.06美元，跌幅2.33%，报86.13美元/桶，从周一所创的盘中七周高位进一步回落。

美油WTI在美股盘前曾升破82美元，随后转跌且在美股盘中跌幅扩大，最深跌近2美元或跌2.4%，失守80美元整数位，国际布伦特在美股盘前一度升破89美元，在美股盘中最深跌2.38美元或2.7%，失守86美元，均创1月19日来最低。

分析称，市场主要担心全球经济放缓和上周美国石油库存超预期增加。摩根大通上调中国原油需求预期，但维持对布油2023年均价每桶90美元的预测，称在没有重大地缘政治事件的情况下，油价今年很难突破100美元，因为整体供应将超过需求。

消息面上，媒体称， OPEC+预计2月会议将建议维持产量不变。该组织的代表私下表示，在等待中国消费复苏情况以及西方制裁对俄罗斯原油供应的影响变得明确之际，将维持油产现状。

欧洲基准的TTF荷兰天然气期货尾盘跌近7%，盘中跌超12%并失守60欧元/兆瓦时整数位，至近一周低位。ICE英国天然气尾盘跌超11%，盘中也跌超12%并失守150便士/千卡。NYMEX 2月，美国天然气期货收跌5.48%，报3.2580美元/百万英热单位。

美元盘中转跌失守102，欧元上逼1.09接近九个月新高，英镑一度跌超百点

衡量兑六种主要货币的一篮子美元指数DXY在美股午盘后止胀转跌，失守102关口，逼近上周三所创的去年5月底以来盘中新低，连续多日徘徊七个半月低位。

欧元兑美元上涨并上逼1.09，接近昨日所创的九个月盘中新高。英镑兑美元一度跌超百点或跌0.9%，短暂失守1.23且无缘五周高位，分析称，经济数据突显增长差异正在扩大，英镑后续表现或不及欧元。美元兑日元止步两日连涨并下逼130，上周兑日元创去年5月来最低至127.22。

主流加密数字货币涨跌不一。市值最大的龙头比特币徘徊2.3万美元整数位，徘徊五个月高位，第二大的以太坊跌1%并失守1620美元，但离几天前触及的四个月高位不远。

黄金站上1930美元且四日连创九个月新高，伦铝和镍徘徊七个月新高

COMEX 2月黄金期货收涨约0.4%，报1935.40美元/盎司，连续四日刷新去年4月以来的九个月高位，且连续七个交易日收于1900美元上方。现货黄金最高涨0.6%并一度升破1940美元整数位，同创九个月最高。

伦敦工业基本金属普遍收涨，但伦铜跌0.4%，仍站稳9300美元上方，距离昨日所创的去年6月初以来逾七个月新高不远。

伦铝涨0.5%至七个月新高。伦铅涨3.5%升破2100美元，止步四日连跌并从两个月低位反弹。伦锌涨0.2%接近五个月高位。伦镍涨2.4%脱离逾两周低位，伦锡涨1.5%，徘徊七个月高位。

编辑/lydia

Source: Wall Street

In January, the US Markit Composite PMI shrank for seven consecutive months. At one point, a technical glitch at the opening of the New York Stock Exchange led to the temporary suspension of dozens of blue chips. The S & P market and the Nasdaq index fell 0.7% at the beginning of the day, and the Dow fell nearly 320 points. In the afternoon, the Dow rose, and finally closed up more than 100 points and rose for three days in a row, yesterday's leading chip stocks fell off a five-month high.

Another ECB voting committee supported hawkish interest rate hikes, the dollar fell 102 in intraday trading, the euro pushed 1.09 to a nine-month high, and the pound fell more than 100 points at one point due to poor PMI. U. S. bond yields briefly rose due to U. S. PMI data, and the decline in European bond yields widened collectively after midday.

The OPEC+2 monthly oil production policy may be on hold, with oil prices down $2 or more than 2 per cent in intraday trading. Gold stood at $1930 and hit a nine-month high for four days, while aluminum and nickel hovered at seven-month highs.

Against a backdrop of high inflation and high interest rate pressures, investors are concerned about the economic health shown by the earnings season and US economic data. After today's trading, Microsoft Corp announced the fourth-quarter financial results, Johnson & Johnson, General Electric Co, telecommunications giant Verizon and so on released the financial results before the trading.

Mark Haefele, chief investment officer of global wealth management at UBS, said: "the market may not have much room to rise in the short term, especially given our outlook for continued pressure on corporate profit growth in US stocks."

A number of more ECB voting committees spoke hawkishly in support of continuing to raise interest rates in the short term, which may peak this summer. Some voting committees said that in view of the increased wage pressure in the euro zone, interest rates should be raised by 50 basis points several times. The euro hovered at a nine-month high against the dollar.

Economic data from Europe and the United States are mixed:

The Philadelphia Fed's non-manufacturing index rose to-6.5 in January, while key sub-indices such as new orders, sales and employment all rose, while the paid price index fell. But in the same month, the Richmond Fed manufacturing index fell sharply to-11, expected to be-5, a previous value of 1.
The first reading of US Markit services and manufacturing PMI improved in January, but overall business activity shrank for the seventh month in a row, with input price inflation rising for the first time since May last year. Us bond yields and the Nasdaq rose at one point, then fell again.
The US economy got off to a disappointing start in 2023, with business activity shrinking at its sharpest pace since the 2008 financial crisis and signs of recession growing, according to Chris Williamson, chief business economist at S&P Global Inc..
Both services and composite PMI in the eurozone grew faster than expected and returned to expansion in January, with the resumption of a modest growth trend boosting hopes that the region might avoid recession, with German service sector activity expanding for the first time since June, paving the way for the ECB to raise interest rates by 50 basis points in February.
But the UK's initial PMI in manufacturing and services fell more than expected in January, while private sector economic activity shrank at its fastest pace in two years. The gap in CBI industrial orders in the same month was-17, the lowest since February 2021, and sterling was the worst performer against the dollar among major currencies.

S & P, Nasdaq and Russell small-cap stocks fell off seven-week highs, chip stocks missed a five-month high, and the Dow rose to an one-week high for the third time in a row

On Tuesday, January 24, US stocks opened lower, with the Dow down nearly 320 points, or 0.9%, while the S & P 500, Nasdaq and Russell small-cap stocks fell as much as 0.7%. After midday, the Dow index rose, and other stock indexes fell significantly. S & P returned to 4,000 integer points.

The NYSE suffered a technical glitch early in the session, suspending trading in at least 40 stocks in the S & P 500, affecting blue chips such as Morgan Stanley, Verizon, AT&T Inc, Nike Inc, Walmart Inc and McDonald's Corp. But trading returned to normal after 20 minutes of trading.

By the close, S & P, Nasdaq 100 and Russell small-cap stocks were all off the seven-week high set by yesterday's close and stopped rising for two days. The Philadelphia Semiconductor Index was off a five-month high, but the Dow rose three days in a row to an one-week high:

The Standard & Poor's 500 index fell 2.86 points, or 0.07%, to 4016.95. The Dow closed up 104.40 points, or 0.31%, at 33733.96. The Nasdaq closed down 30.14 points, or 0.27%, at 11334.27. The Nasdaq 100 index closed down 0.2%, while the Russell 2000 small-cap index fell 0.3%.
The 11 S & P sectors varied, with telecom services and health care falling more than 0.6% as the worst performers, energy and optional consumption down about 0.2%, information technology / technology down nearly 0.1%, consumer goods, real estate and utilities up about 0.4%, and the industrial sector up more than 0.6%.

Star technology stocks go up and down. Yuan Universe Meta closed slightly lower after rising more than 1%, but hovered at a four-month high. Amazon.Com Inc fell more than 1%, Apple Inc rose 1% to a six-week high, Microsoft Corp fell 0.2% off an one-month high and rose nearly 5% in after-hours trading. Alphabet Inc-CL A fell more than 2 per cent off a seven-week high, while Nai soared 1.8 per cent to a nine-and-a-half-month high. Tesla, Inc. rose nearly 2 per cent before falling 1.8 per cent before rising slightly to a five-week high.

Most chip stocks fell. The Philadelphia semiconductor index fell 0.7 per cent but held steady above 2900, off the five-month high set yesterday. NVIDIA Corp rose 0.4%, Intel Corp fell more than 1%, Intel Corp fell more than 2%, high inflation 1.5% before turning down, Texas Instruments Inc fell 6% but rose nearly 2% after trading. VanEck semiconductor ETF fell 0.7% and rose more than 16% in January, which will be the best start to the year since 2001 and the biggest increase in two months.

According to the news, Tesla, Inc. plans to build a new $3.5 billion plant in Nevada to produce electric trucks and raise the starting price of the US Model Y by $500 to $53490. The US government has stepped up antitrust efforts to sue Alphabet Inc-CL C over the advertising market, demanding that Alphabet Inc-CL C's advertising / technology business be split into the largest corporate split in the United States in 40 years. Bernstein downgraded AMD to "hold" due to a worsening trend in the PC market. The strong growth of cloud business made Microsoft Corp's earnings exceed expectations in the fourth quarter, and Texas Instruments Inc also reported better-than-expected results.

The decline in the popular market narrowed in late trading. ETF KWEB is down 0.5%, and the NASDAQ Golden Dragon China Index (HXC) is down 0.4%. Of the four Nasdaq stocks, JD.com and Pinduoduo both fell 1.5 per cent before closing up about 1 per cent, NetEase, Inc fell 0.4 per cent and Baidu, Inc. fell 2.6 per cent. Among other stocks, BABA fell 0.1%, Tencent ADR fell 0.5%, Tencent B Station fell 2%, NIO Inc. Motor rose nearly 19% and then fell more than 3%, XPeng Inc. fell nearly 5%, and Li Auto Inc. fell nearly 1%. Full Truck Alliance Co. Ltd. ADR, shorted by J Capital, fell more than 6 per cent.

Other stocks with significant changes include:

Verizon shares were unusual at the beginning of the session, rising nearly 13% at one point, triggering a temporary suspension of trading, and rising 2% after resuming trading. The fourth-quarter results were in line with expectations, but the adjusted earnings outlook for 2023 was poor.
Defense contractor Lockheed Martin Corp rose nearly 2%, beating expectations in revenue and profit in the fourth quarter. Johnson & Johnson fell as deep as 1.4%, falling 11 days in a row to a three-month low. Fourth-quarter earnings exceeded expectations but failed to meet revenue expectations, and the full-year profit outlook was slightly higher than expected.
Industrial giant 3M Company fell more than 6 per cent to a three-month low, with higher-than-expected fourth-quarter earnings but poor earnings and weak full-year guidance. Sales are expected to fall 2-6 per cent and cut 2500 manufacturing jobs worldwide. After falling nearly 3%, General Electric Co rose by more than 1% and beat expectations in the fourth quarter, but adjusted earnings per share in 2023 were lower than expected, and the renewable energy business was dragged down by inflation and the supply chain.
At one point, US sports and leisure retailer Lululemon fell more than 4% to "underweight", lowering its target price by $50 to $290, down more than 8% from Monday's close, warning that clothing stocks were about to reset and that the company was facing a post-epidemic growth inflection point.

Hawks on the ECB's voting committee held down European stocks, with the pan-European Stoxx 600 index down 0.24 per cent, health care and oil and gas stocks down more than 1 per cent, but tourism and leisure stocks rose 1.4 per cent, bank stocks rose 0.6 per cent, and a return to modest PMI expansion in January sent economy-related European industrial stocks up nearly 1 per cent. Stock indexes in major countries were mixed, with British stocks falling the most because of poor PMI data.

Us bond yields rose briefly after the US PMI data, and the decline in European bond yields widened collectively after midday.

Treasury yields fell across all maturities on Tuesday. After the release of US PMI data, they briefly stopped falling and turned higher, then widened their losses by midday and refreshed their daily lows.

The yield on the 10-year benchmark u. S.bond fell 6 basis points to 3.46% at one point after the release of the dint PMI, 3.54%. The yield on 30-year bonds fell 7 basis points to 3.62 per cent and rose to 3.70 per cent at one point after the release of PMI. The two-year yield, which is more sensitive to monetary policy, fell 4 basis points and lost 4.20 per cent at one point, off an one-week high, and rose to 4.25 per cent at one point after the PMI release.

Money market traders believe that before the Fed starts cutting interest rates later this year, it will only raise rates twice more by June, each with a "more traditional" 25 basis points, peaking at around 5 per cent. The Fed insists that it will follow up or raise interest rates by 75 basis points.

European bond yields also fell further in late trading. Eurozone benchmark two-year and 10-year German bond yields both fell more than 5 basis points, with German base bond yields hitting 2.569 per cent, their highest level since July 2011, on January 2. However, some analysts said that the prospect of euro zone PMI returning to 50, the prospect of improved economic growth, has not yet been priced into the European bond market, and European bond yields may be higher in the future.

Oil prices fell $2 or more than 2% in intraday trading, US oil hovered around $80, and European natural gas fell more than 12% to an one-week low.

WTI March crude oil futures closed down $1.49, or 1.82%, at $80.13 a barrel. Brent March crude oil futures closed down $2.06, or 2.33%, at $86.13 a barrel, down further from Monday's seven-week high.

American Oil WTI rose above US $82 before US stock trading, then fell and widened its decline in US stocks, falling nearly US $2 or 2.4%, losing the whole number of US $80. International Brent rose above US $89 before US stock trading, and fell as deep as US $2.38 or 2.7% in US stocks, losing US $86, the lowest since January 19th.

Analysts said the market was mainly worried about the global economic slowdown and the higher-than-expected increase in U. S. oil inventories last week. JPMorgan Chase & Co raised his forecast for Chinese crude oil demand, but maintained his forecast for the average price of cloth oil at $90 a barrel in 2023, saying it would be difficult for oil prices to break through $100 this year without major geopolitical events, as overall supply would exceed demand.

On the news side, the media said that OPEC+ expected the February meeting to recommend that production remain unchanged. The group's representatives said privately that the status quo would be maintained while waiting for the recovery in Chinese consumption and the impact of western sanctions on Russian crude oil supplies to become clear.

The European benchmark TTF Dutch natural gas futures fell nearly 7% in late trading, fell more than 12% in intraday trading and lost 60 euros / megawatt-hour integer bits to a nearly one-week low. ICE British natural gas fell more than 11% in late trading, fell more than 12% in intraday trading and lost 150p / kcal. NYMEX February, u.s. natural gas futures closed down 5.48% at $3.2580 per million British thermal units.

The dollar fell 102 in intraday trading, the euro pushed 1.09 close to a nine-month high, and the pound fell more than 100 points at one point.

The DXY, a basket of dollar indexes that measure six major currencies, stopped swollen and fell after midday, closing in on Wednesday's intraday low since the end of May last year, hovering around a seven-and-a-half-month low.

The euro rose to 1.09 against the dollar, close to the nine-month intraday high set yesterday. At one point, the pound fell more than 100 points or 0.9% against the dollar, briefly losing 1.23 and missing a five-week high. Analysts said the economic data highlighted that the growth gap was widening and that the pound might underperform the euro in the future. The dollar rose against the yen for two days and pushed down 130. last week it hit a low of 127.22 against the yen since May last year.

The rise and fall of mainstream encrypted digital currencies varies. Bitcoin, the largest leader by market capitalization, hovered around $23000, a five-month high, while Ethernet, the second-largest, fell 1 per cent and lost $1620, but not far from the four-month high it hit a few days ago.

Gold stood at $1930 and hit a nine-month high for four days, while aluminum and nickel hovered around a seven-month high.

COMEX February gold futures closed up about 0.4% at $1935.40 an ounce, setting a nine-month high since April last year for the fourth consecutive day and closing above $1900 for seven consecutive trading days. Spot gold rose as much as 0.6 per cent and at one point broke the integer figure of $1940, the highest in nine months.

Industrial base metals in London generally closed higher, but Len copper fell 0.4 per cent to remain above $9300, not far from yesterday's highest level in more than seven months since early June.

Lun aluminum rose 0.5% to a seven-month high. Lun lead rose 3.5% above $2100, stopping a four-day losing streak and rebounding from a two-month low. Ren Zinc rose 0.2% near a five-month high. Lenny rose 2.4% from a more than two-week low, while Lunxi rose 1.5%, hovering around a seven-month high.

Edit / lydia

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