帮主郑重解读：美股连两天齐创新高，这波涨势的核心逻辑藏在这儿

Market Performance - The U.S. stock market indices have reached new highs for two consecutive days, with the Dow, Nasdaq, and S&P 500 all hitting record levels, and the Russell 2000 index also reaching its highest point since 2021 [1][3] - The recent surge in the market is attributed primarily to the Federal Reserve's interest rate cut of 25 basis points, with indications of potential further cuts later this year, which has boosted market confidence [3][4] Federal Reserve Policy - The shift in the Federal Reserve's focus from strictly monitoring inflation to prioritizing economic growth has been a key driver of the market rally, as traders interpret this as a signal for a more accommodative monetary policy [3][4] - Market expectations for another rate cut in October have risen significantly, with nearly a 90% probability now anticipated, encouraging more capital to flow into the market [4][5] Company Performance - Notable individual company performances include FedEx exceeding earnings expectations, ZTO Express receiving positive ratings due to rising delivery prices, and NIO forecasting new vehicle models for the upcoming year [5] - The overall market sentiment indicates that corporate earnings are supporting the rally, suggesting that as long as companies maintain their profitability, significant market corrections are unlikely [3][5] Investment Strategy - Long-term investment strategies should focus on the fundamental improvements of companies rather than short-term stock price fluctuations, emphasizing the importance of industry logic and market demand [5] - The dual drivers of the current market highs are identified as "accommodative policy and earnings support," highlighting the need for investors to consider the sustainability of the Federal Reserve's policies and the stability of corporate earnings [5]