智通财经网·2025-07-22 12:04Market Movements - US stock index futures showed mixed results with Dow futures down 0.10%, S&P 500 futures up 0.04%, and Nasdaq futures down 0.05% [1] - European indices also declined, with Germany's DAX down 0.94%, UK's FTSE 100 unchanged, France's CAC40 down 0.67%, and Europe's Stoxx 50 down 0.74% [2][3] - WTI crude oil fell by 0.99% to $65.30 per barrel, while Brent crude oil decreased by 0.95% to $68.55 per barrel [3][4] Market News - Federal Reserve Chair Jerome Powell is under political pressure ahead of his speech at a regulatory meeting, which will focus on Basel III, stress tests, and capital requirements for large banks [4] - Jefferies raised its S&P 500 year-end target to 5600 points, emphasizing the need to monitor core CPI and favoring defensive sectors amid high valuations [5] - Morgan Stanley warned of a historical peak in the demand for high-beta stocks, indicating increased short-term market risks due to a lack of fundamental support [6] - Wells Fargo remains bullish on the S&P 500, predicting double-digit growth driven by major tech companies, despite concerns over high valuations [7][8] Company-Specific News - General Motors reported a 35% decline in Q2 net profit, impacted by $1.1 billion in tariffs, with revenue of $47.1 billion, slightly below expectations [10] - Coca-Cola's Q2 revenue grew by 1% to $12.54 billion, with earnings per share of $0.87, exceeding analyst expectations [11] - NXP Semiconductors' Q3 outlook fell short of expectations, projecting revenue between $3.05 billion and $3.25 billion, reflecting ongoing industry challenges [12] - JPMorgan Chase is exploring the possibility of issuing loans backed by clients' cryptocurrency holdings, indicating a shift in stance towards crypto assets [13] Economic Data and Events - Powell's speech at a regulatory meeting is scheduled for 20:30 Beijing time, with additional discussions on large bank capital frameworks to follow [14]