In fact, the Dow had fallen for 5 days. BruceMcCain, chief investment strategist at KeyPrivateBank, told CNBC: the yield of 10 - year bonds will exceed 3%, which is bound to be worrying. But in this economic cycle, the rise in Treasury yields is not relative to the rise in share prices. I think the market is in good condition at the moment, but we will certainly pay attention to the yield curve, especially if the Fed becomes more radical. In the final analysis, corporate earnings are the most important driving force for the stock market, and in fact the US economy is still in good condition. Comprehensive pressure of science and technology stock Technology stocks represented by FAANG - Facebook (FB.O), apple (AAPL.O), Amazon (AMZN.O), Netflix (NFLX.O) and Alphabet (GOOGL.O) - were the first to fall in this round. The shares of Google, Amazon, Facebook and Netlfix fell more than 3% on April 24 local time, and the total market value of FANG (except apple) has evaporated more than $85 billion. Among them, Google fell the largest, fell 4.8%, and the market value evaporated 36 billion dollars. The situation eased slightly in early April 25th. As of press release, Apple Rose 1.2%, Alphabet rose 1.07%, Amazon rose 0.46%, Facebook fell 0.1%, and Nye rose 0.08%. Facebook After the CambridgeAnalytica data scandal was exposed, Facebooks share price and reputation were hit hard. Facebook will announce its earnings in April 25th, and the companys share price has fallen nearly 10% since 2018, and Facebooks share price surged by 53% in 2017. Amazon (Amazon) Amazon is also in trouble in the near future. President Trump has repeatedly tried to pick up a mouth war with Amazon CEO Geoff Bezos (JeffBezos) on Twitter, criticizing Amazon to pay less taxes and paying too low freight to the United States Post to lead to losses. Bezos first responded to Trumps accusations on April 24th in Berlin, Germany, Reuters reported. In general, all large organizations should be subject to supervision or inspection. Bezos said, we have the responsibility to represent the community, without taunting and questioning emotions, to help educational regulators. We will cooperate with any rules and regulations, and we will follow these rules and find new ways to satisfy users. In April 26th, the Amazon will release its earnings. Amazon founder CEO Bezos revealed for the first time before the earnings announcement that Amazons Prime membership registration has exceeded 10 million. According to an analyst survey by Bloomberg, Amazons revenue is expected to reach $50 billion in the first quarter, up 40% from a year earlier, and its earnings per share will fall from $1.48 to $1.26 from last years $1.48. In April 24th, apple fell below $163 for the first time since February, closing at $162.94. The share price has fallen by more than 11.5% since March 13th, when the stock price hit a record high of $183.50. According to CNBC, Wall Streets top investment bank Morgan Stanley has lowered its expectation of iPhone sales in the second quarter to 34 million to 40 million 500 thousand, which is lower than the expected average of 43 million. KatyHuberty, an analyst at Morgan Stanley, KatyHuberty Katie, wrote: we expect apple to report a expected first quarter earnings, but our consensus on the second quarter is to lower expectations. Apples quarterly earnings report is a hot topic, especially when its expectations are generally down. Bill Peterson (BillPeterson), a wireless semiconductor industry analyst, also said: the negative expectations of TSI and AMS on its second quarter profit show that consumer demand for Apple equipment is declining, especially for iPhoneX. Based on this point of view, I think that the general expectation for Apples second quarter profits is still too high. According to the official timetable released by the White House, Apple Corp CEO Cook will meet President Trump at 1:45 p.m. local time on April 25th. The apple will announce its earnings in May 1st. Netflix Netflix is the only stock in FAANG that can perform well. Netflix shares rose 28.28 U.S. dollars in the Nasdaq stock market in April 17th, closing at $336.06, setting the highest closing price. Although Netflix fell 3.66% in April 24th, Netflixs share price rose more than 55% since 2018, much stronger than the standard & Poors 500 index for the same period. Alphabet Google parent Alphabet shares fell 4.77% in April 24th, to $1022.64. According to CNBC data, its market value was $711 billion, which was surpassed by Microsoft and became the third largest market capitalization company in the world. Microsoft shares fell 2.34%, to $93.12, closing at a value of $717 billion, thus surpassing Alphabets market value. Its a good thing, the analyst of the investment bank, Baird, wrote in a research report. Alphabets revenue is outperforming expectations, and its also developing active investment activities. But the report also points out that profits will remain under pressure as Alphabet increases spending on R & D, real estate and employees. It is important that we believe that this is essential for innovation and maintaining long-term growth. Wall Street: the end of Trumps honeymoon AltairaCapitalPartners technology research director A Campora (Acampora) said on April 21st in CNBC that after the honeymoon period of the president and the stock market, the market usually has some conditions because the policy plans need to be carried out for a certain time, and the presidents will face a bear market. Most presidents will encounter some difficulties in the second years in office, and President Reagan has no exception. A Campora points out that, for Trump, the worse news is that any drop in its second - year stock market may be worse than the bear market of Reagan. The current trend of some stocks looks very unstable, suggesting that US stocks may fall more than 24%. JeremySiegel, a finance professor at Waltons business school, said, even if business profits are good, I think the Feds increase in interest rates and the rise of interest rates in the Treasury market are enough to eliminate it, so this year is destined to be a flat year, at most a small rise. The market will be struggling this year. Morgan Stanleys strategist also said they thought the early 2018 highlighted the potential deterioration of the market. We think the main driving factor for this deterioration is the decline in the quality of profit growth and the tighter financial situation, which may be with us for the rest of the year, the company said in a report. Benjamin Bowler (BenjaminBowler), head of global stock derivatives research at Merrill Lynch, also said that even a number of good earnings releases would be futile to prevent new strong volatility. Although there may be a possibility of creating a new high in 2018, we also see that the current standard & Poors volatility is unlikely to continue unless the stock market falls further, thus affecting the whole market. The source of this article: surging news editor: Ji Xue Ying _NN6784 Morgan Stanleys strategist also said they thought the early 2018 highlighted the potential deterioration of the market. We think the main driving factor for this deterioration is the decline in the quality of profit growth and the tighter financial situation, which may be with us for the rest of the year, the company said in a report.