市场早间冲高回落，中证A500指数下跌0.04%。3只中证A500相关ETF成交额超27亿元

Market Overview - The market experienced a morning surge followed by a slight decline, with the CSI A500 Index down by 0.04% [1] - The consumer sector showed repeated activity, while domestic software stocks rebounded and the innovative drug sector performed actively; however, the military industry sector weakened collectively [1] ETF Performance - As of the morning close, ETFs tracking the CSI A500 Index saw a slight decline, with 14 related ETFs having transaction volumes exceeding 100 million yuan, and 3 exceeding 2.7 billion yuan [1] - Specific transaction amounts for A500 ETFs included 3.535 billion yuan for A500 ETF Fund, 2.976 billion yuan for CSI A500 ETF, and 2.711 billion yuan for A500 ETF Southern [1][2] Investment Sentiment - Analysts noted that the current "bull market" is supported by the ongoing global AI wave, which has heightened technology investment enthusiasm, along with domestic "anti-involution" leading to improved performance expectations and increased liquidity from household savings entering the market [1] - The expectation of a Federal Reserve interest rate cut is seen as beneficial for the price appreciation of risk assets, reinforcing the foundation of the current market trend [1]