股指期货日报：中美谈判风险提前释放，股指午后跳水-20250610

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core View - The stock index fluctuated sideways in the morning and plunged in the afternoon. The semiconductor sector led the decline, while the rare earth sector continued to rise in the afternoon. The decline is likely related to the first meeting of the China-US economic and trade consultation mechanism, with the market pre - releasing risks. The negotiation result will significantly impact the short - term stock index trend. A successful negotiation may lead to a rebound, while a failed one may result in a weak performance. However, due to the strong determination of the management to stabilize the market and the upcoming Lujiazui Forum from June 18th to 19th with expected favorable financial policies, the downside space is limited. It is recommended to operate cautiously [6]. 3. Summary by Related Catalogs Market Review - The stock index plunged in the afternoon, with the broader - market index relatively resilient. The trading volume of the two markets increased by 12.8967 billion yuan. In the futures index market, IF and IC declined with shrinking volume, while IH and IM declined with expanding volume [4]. Important Information - The General Offices of the CPC Central Committee and the State Council issued the "Opinions on Further Ensuring and Improving People's Livelihood and Addressing Urgent and Difficult Issues of the Masses", proposing multiple measures such as canceling household registration restrictions for social insurance participation in the place of employment, guiding qualified regions to directly distribute maternity allowances to insured persons, reasonably raising the minimum wage standard, promoting the participation of flexible employees in the housing provident fund system, increasing the supply of affordable housing, and building or renovating over 1000 high - quality general high schools [5]. Strategy Recommendation - It is recommended to hold positions and wait and see [7]. Futures Index Market Observation | Index | Main Contract Intraday Change (%) | Volume (10,000 lots) | Volume MoM (10,000 lots) | Open Interest (10,000 lots) | Open Interest MoM (10,000 lots) | | --- | --- | --- | --- | --- | --- | | IF | - 0.69 | 9.8975 | 1.0782 | 23.8881 | - 0.3841 | | IH | - 0.53 | 5.6839 | 1.2478 | 8.4465 | 0.0045 | | IC | - 0.88 | 8.6124 | 0.9742 | 21.9085 | - 0.1543 | | IM | - 0.89 | 21.2759 | 4.0526 | 33.8127 | 1.3583 | [7] Spot Market Observation | Index | Value | | --- | --- | | Shanghai Composite Index Change (%) | - 0.44 | | Shenzhen Component Index Change (%) | - 0.86 | | Ratio of Rising to Falling Stocks | 0.31 | | Trading Volume of the Two Markets (billion yuan) | 141.5359 | | Trading Volume MoM (billion yuan) | 12.8967 | [8]