降息罕见分歧，美股全线大跌

Market Performance - The Dow Jones Industrial Average fell by 0.84% to 46,912.3 points, the S&P 500 index decreased by 1.12% to 6,720.32 points, and the Nasdaq dropped by 1.9% to 23,053.99 points [1] Individual Stocks - Technology stocks experienced a broad decline, with Nvidia down over 3%, Tesla down more than 3%, Amazon down nearly 3%, Facebook down over 2%, Microsoft down nearly 2%, and Apple down 0.14%. In contrast, Google saw a slight increase of 0.15% [3] - Chinese concept stocks showed relatively strong performance, with the Nasdaq China Golden Dragon Index down 0.03% and the Wind Chinese Technology Leaders Index up 0.93%. Notable individual stock movements included Xiaopeng Motors up nearly 10%, Canadian Solar up nearly 7%, Baidu up over 3%, and Xinyi Technology up over 2% [3] Gold Market - As risk aversion increased, gold prices rose in early trading, with London gold opening higher [4] Federal Reserve Commentary - Multiple Federal Reserve officials expressed opposition to interest rate cuts, with Harker stating that inflation levels remain high, which is not conducive to further rate cuts. She expressed concerns that monetary policy may not be adequately prepared to address current inflation [5] - Musalem indicated that monetary policy is in a moderately tight to neutral range and suggested that further rate decreases could benefit the real estate market. He noted that the Fed has moderately eased policy to support the job market and that long-term inflation expectations have stabilized [6] - According to CME's FedWatch, the probability of a 25 basis point rate cut in December is 70.6%, while the probability of maintaining the current rate is 29.4%. The cumulative probability of a 25 basis point cut by January is 54.2%, with a 17.7% chance of no change and a 28.2% chance of a cumulative 50 basis point cut [6]