US Morning Post: Three major stock indexes pulled back across the board. Did Apple's plunge drag down technology stocks?
Market combing?
The Standard & Poor's 500 Index fell 0.3% to 268 1.47, the Dow Jones Industrial Average fell 0.2% to 24,754.75, the Nasdaq Composite Index fell 0.4% to 6,963.85, and the Russell 2000 Small Cap Index fell 0.8% to 1.536.75?
Bank of new york Meron China ADR index fell 0.6% Yingli Green Energy shares fell 4.8% to $65,438 +0.77, a record low?
European stocks fell, the Stoxx Europe 600 index fell 0.4%, the FTSE 100 index rose 0. 1%, and the German DAX index fell 0.7%?
U.S. Treasury bonds fell sharply, the yield curve steepened sharply, and the long-term yield hit the biggest two-day increase in a year. Traders said that in the context of the progress of the tax reform bill, investors will continue to close their positions before the end of the year. The yield of 2-year treasury bonds rose by 2.48 basis points to 1.8525%, 5-year treasury bonds rose by 4.89 basis points to 2.2 162%, and 10-year treasury bonds rose by 6.3 basis points to 2.4577.
USD/USD fluctuated against G- 10, and the US House of Representatives passed the tax reform bill, paving the way for reducing the corporate tax rate. The Bloomberg spot exchange rate index of USD/G11EUR 69.2/USD was flat, rising by 0.53% to 1. 188. At 1 12.88 JPY/USD, it rose by 0.02%, at 1.3386 AUD/USD, it rose by 0.0 1%, and at 0.7665 EUR/GBP, it rose by 0.5 1%.
In late new york trading, the RMB/USD/offshore RMB dropped 0.07% from the previous trading day to 6.6040 USD. In late trading, the onshore RMB fell 0. 17% to 6.6058 RMB?
The yield of European debt UK 10-year bonds rose by 5.7 basis points to 1.205%, Germany 10-year bonds rose by 7.0 basis points to 0.379%, France 10-year bonds rose by 7.5 basis points to 0.706%, and Italy/kloc.
The price of energy crude oil rose to the highest level in a week. Wednesday's data in the United States is expected to show that crude oil inventories decreased for the fifth consecutive week. West Texas Intermediate crude oil futures rose 0.5% to $57.46 a barrel. ICE Brent crude oil futures rose 0.5% to $63.74/barrel. NYMEX gasoline futures rose 1.3%. NYMEX Diesel Futures reported 1.6939 USD/gallon, up 0.5% to 1.9355 USD/gallon. NYMEX natural gas futures fell 1.2% to 2.7 165438 USD/million british thermal unit?
The price of metallic gold hovers around the cheapest level relative to the price of oil in a year. The industrial metal price index rose for the ninth consecutive trading day, the longest increase since July. COMEX gold futures were flat at $65,438+$0,265.20 per ounce. COMEX silver futures fell 0.2% to $65,438+$0.65,438+$0.700 an ounce. NYMEX platinum futures rose 0.2% to $965,438+$ 0.5.20 per ounce. 6942.00 USD/ton, aluminum rose 1.2% to 2099.00 USD/ton, zinc rose 0.2% to 32065438 USD +0.00 USD/ton, and copper was flat at 3.65438 USD +0.465 USD/pound?
Marketing strategy?
Renminbi?
Zhang Jiantai, strategist at Mizuho Bank, said that the market would not be surprised if China gave up its GDP growth target; Unbalanced growth, increased pollution and financial risks are the first problems to be solved. The GDP growth target is no longer suitable for the growth strategy, and it is only a matter of time to get rid of it. Although the market did not respond to Trump's call to call China a "strategic competitor" on Monday, AllanvonMehren, a strategist at Danske Bank, believes that the relationship between China and the United States is declining. ?
With China's refutation of Trump, mechelen believes that if Trump acts unilaterally, China will have a great risk of retaliation, and the possibility that the bilateral trade of 20 18 will become tense cannot be ignored. In the fourth quarter, the appreciation of RMB against the US dollar slowed down obviously, turning into a range fluctuation trend, and the future exchange rate trend is still facing variables.