宝城期货股指期货早报-20250516

Group 1: Report Industry Investment Rating - Not provided in the given content Group 2: Core Viewpoints of the Report - The overall view of the stock index is range - bound, with a short - term and intraday outlook of oscillating strongly and a medium - term outlook of oscillation [1][5] - Policy support is strong, and the internal policy continues to play a supporting role, while external risk factors are alleviated, leading to a cautiously optimistic market sentiment [1][5] - The continuous upward momentum of the stock index is insufficient, and there is a possibility of short - term pull - back after a rise and repeated oscillations [5] - The performance of the Shanghai 50 and CSI 300 is expected to be stronger than that of the CSI 500 and CSI 1000 [5] Group 3: Summary by Relevant Catalogs Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2506, the short - term and medium - term views are oscillation, the intraday view is oscillating strongly, and the overall view is range - bound, with policy support as the core logic [1] Main Variety Price Quotation Driving Logic - Financial Futures Stock Index Sector - The intraday view is oscillating strongly, the medium - term view is oscillation, and the reference view is range - bound [5] - Yesterday, each stock index oscillated and pulled back, and the full - market trading volume of the stock market was 1190.4 billion yuan, a decrease of 159.5 billion yuan from the previous day [5] - The April social financing and credit data were mixed, with significant government bond efforts, but the financing demand of the enterprise and household sectors remained weak [5] - In the second quarter, the external tariff war conflict has eased, and the recent "order - grabbing" in Sino - US trade is expected to improve external demand to some extent [5] - The differentiation of corporate profitability among industries is obvious, and the new public fund regulations are accelerating the flow of funds to large - cap weighted stocks [5]