宝城期货股指期货早报-20250724

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core Viewpoint The report indicates that the short - term view of stock index futures is to fluctuate strongly, and the medium - term view is to rise. The reference view is also a rise. The rebound of the stock index is mainly driven by policy - related positive expectations. Although the upward momentum may slow down if policy increments decrease, the overall upward trend remains due to high trading volume and positive market sentiment [1][5]. 3. Summary by Relevant Content 3.1 Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2509, the short - term view is to fluctuate, the medium - term view is to rise, the intraday view is to fluctuate strongly, and the reference view is to rise. The core logic is that positive policy expectations provide strong support [1]. 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Yesterday, all stock indexes rose slightly throughout the day. The trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 1,898.4 billion yuan, a decrease of 30.3 billion yuan from the previous day. The recent rebound of the stock index is driven by policy - related positive expectations. If policy increments decrease, the upward momentum may slow down. Currently, the trading volume is high, indicating positive investor risk preference. Policy expectations and relevant projects drive the valuation recovery of related industries, and the overall market atmosphere is optimistic, so the stock index is expected to fluctuate strongly in the short term [5].