美联储历次降息后各类资产表现真相：A股石油石化行业相对抗跌

Group 1 - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to 4.00%-4.25%, aligning with market expectations. This marks the first rate cut in nine months since December 2024 [1] - Historically, the Dow Jones and S&P 500 have a higher probability of declining on the day of a rate cut, with 18 out of 32 instances resulting in a drop. The Nasdaq has shown mixed results [1] - Following the Fed's rate cuts, A-shares typically experience declines on the next trading day, with the Shanghai Composite Index dropping 17 times out of 31, averaging a decline of 0.25% [1] Group 2 - In terms of industry performance post-rate cut, only the oil and petrochemical sector showed a positive average increase of 0.11%, while other sectors like food and beverage, construction materials, and electronics performed poorly with average declines exceeding 0.4% [1] - Precious metals, represented by London gold, have shown significant increases during rate cut cycles, with a notable rise of 48.94% from September 18, 2024, to the present. In contrast, industrial metals like LME copper and energy commodities like WTI crude oil have primarily declined [1] - The dollar index generally trends downward or remains low during rate cut cycles, consistent with historical patterns observed since 2000 [1]