美股前瞻 | 三大股指期货齐涨 科技巨头财报本周重磅来袭

Market Overview - US stock index futures are all up before the market opens, with Dow futures up 0.21%, S&P 500 futures up 0.23%, and Nasdaq futures up 0.24% [1] - European indices show a decline, with Germany's DAX down 0.06%, UK's FTSE 100 down 0.08%, France's CAC40 down 0.37%, and the Euro Stoxx 50 down 0.40% [2][3] - WTI crude oil is up 0.02% at $66.06 per barrel, while Brent crude oil is down 0.12% at $69.20 per barrel [4] Earnings Season Insights - The S&P 500 and Nasdaq are hovering near historical highs, with strong performances from major banks and streaming giant Netflix indicating robust consumer resilience [5] - 112 S&P 500 companies are set to report earnings, with a focus on tech giants like Alphabet and Tesla, which are expected to drive significant earnings growth [5] - The "Seven Giants" tech stocks are projected to see a 14.1% year-over-year earnings increase, while the remaining 493 stocks in the index are expected to grow only 3.4% [5] Valuation Concerns - The earnings season is characterized by a "zero tolerance" approach, where merely meeting expectations is insufficient due to high valuations [6] - Netflix's stock fell 5% despite beating revenue and profit expectations, highlighting the disconnect between performance and stock price reaction [6] Market Dynamics - Signs of weakening momentum in the US stock market suggest a potential peak, with the S&P 500 experiencing its longest period without a 1% daily change since December [7] - Concerns about the independence of the Federal Reserve have arisen following rumors of President Trump's potential dismissal of Chairman Powell, leading to market volatility [7] Economic Signals - Wells Fargo's report indicates a troubling decline in non-essential consumer spending, a signal that has historically preceded economic recessions [8] - The report contradicts the prevailing narrative that tariffs have not significantly impacted the economy, suggesting a more cautious outlook on consumer behavior [8] Company-Specific News - Verizon reported Q2 earnings that exceeded expectations, with revenue up 5.2% to $34.5 billion and an adjusted EPS of $1.22, prompting a stock price increase of over 4% [9] - Microsoft is facing a global security crisis due to vulnerabilities in its server software, affecting over 10,000 companies worldwide [10] - Stellantis anticipates a €2.3 billion loss for the first half of the year, primarily due to tariff-related production halts and a decline in vehicle shipments [11] - BP has appointed a new chairman from CRH to lead its strategic transformation amid pressure from activist investors [12]