美联储如期降息25个基点，但鹰派占据上风，关键指数涨幅回落

Market Performance - The three major U.S. stock indices showed mixed results, with the Nasdaq rising by 0.55%, the Dow Jones slightly declining by 0.16%, and the S&P 500 remaining mostly flat [1] - Notable performance in technology stocks included Nvidia, which rose approximately 3% and surpassed a market capitalization of $5 trillion; Apple and Tesla also saw slight increases [1] Federal Reserve Actions - The Federal Reserve lowered interest rates by 25 basis points as expected, but Chairman Powell indicated that a rate cut in December is "far from a done deal," leading to market volatility [1] Chinese Stocks - The Nasdaq Golden Dragon China Index experienced a slight decline of 0.03%, with significant individual stock performance variations; Alibaba rose nearly 2%, while Bilibili increased by over 1% [1] Commodity Market - In the commodities market, gold futures briefly fell below $3940 per ounce; copper prices approached historical highs due to supply constraints, and aluminum reached a three-year high [1] Market Focus - Short-term market attention is shifting towards the Federal Reserve's policy path in December and upcoming corporate earnings reports; if economic data confirms labor market resilience, expectations for further rate cuts may diminish [1] - Technology stocks should be cautious of valuation pressures, while developments in U.S.-China meetings and tariff policies remain key variables influencing risk appetite [1]