A股市场大势研判：大盘冲高回落，沪指3500点得而复失

Market Overview - The market experienced a pullback after reaching a high, with the Shanghai Composite Index losing the 3500-point mark, closing at 3493.05, down 0.13% [1][3] - The Shenzhen Component Index closed at 10581.80, down 0.06%, while the ChiNext Index saw a slight increase of 0.16% to 2184.67 [1][3] Sector Performance - The top-performing sectors included Media (1.35%), Agriculture, Forestry, Animal Husbandry, and Fishery (0.65%), and Retail (0.48%) [2] - Conversely, the worst-performing sectors were Non-ferrous Metals (-2.26%), Basic Chemicals (-0.85%), and Electronics (-0.82%) [2] Future Outlook - The report indicates a cautious outlook for the market, with a focus on the impact of new tariffs on global trade starting August 1 [5] - The domestic economy is expected to remain stable, with the CPI showing a slight increase of 0.1% in June, ending a four-month decline [5] - The central bank's assessment of the economy has shifted from "steady progress" to "showing a positive trend" [5] Policy Insights - The National Development and Reform Commission highlighted that China's economic output is projected to reach around 140 trillion yuan this year, following significant growth during the 14th Five-Year Plan [4] - The report notes ongoing government efforts to address issues of low-price competition and overcapacity in various industries [4]