沪指3600点防线告破，4000股陷入跌势，市场低迷背后真相大揭秘

Core Viewpoint - The A-share market experienced a significant drop, with the Shanghai Composite Index falling below 3600 points, indicating a potential shift in market dynamics and investor sentiment [1][9]. Market Reaction to Federal Reserve - The Federal Reserve's recent meeting and comments from Chairman Powell regarding persistent inflation led to a sharp decline in market expectations for interest rate cuts, causing a ripple effect across global markets [1][3]. - The Nasdaq Golden Dragon Index fell nearly 2%, and the Hang Seng Index dropped by 1.58%, with technology stocks like Li Auto leading the decline [1][3]. Market Dynamics and Investor Behavior - The market showed signs of distress with a significant sell-off, as evidenced by a net outflow of nearly 800 billion yuan in capital, indicating that smart money was quietly exiting the market [3][11]. - The A-share market saw over 4000 stocks decline, with only 42 stocks managing to rise, highlighting a stark contrast between winners and losers [1][13]. Sector Performance - AI hardware stocks, particularly in the liquid cooling server segment, saw gains, with some stocks like Siqun New Materials hitting the daily limit up [5]. - The assisted reproduction sector also performed well, driven by policy support, with stocks like Gongtong Pharmaceutical rising in response to the inclusion of assisted reproductive technology in health insurance [7]. Struggles of Traditional Sectors - Traditional sectors such as steel and coal faced significant declines, with stocks like Antai Group dropping over 5% [7]. - The pharmaceutical sector also struggled, with leading companies like BeiGene and WuXi AppTec experiencing notable drops in their stock prices [8]. Market Capitalization Impact - The A-share market saw a loss of over 2 trillion yuan in market capitalization in a single day, reflecting a severe impact on household wealth and investor confidence [13].