永安期货恒生科技早报-20250910

Economic Data - The U.S. non-farm payroll data was revised down by 910,000, marking the largest downward revision on record, indicating a weaker labor market[8] - The average monthly job growth was adjusted to approximately 75,000, which is half of the previously reported figures[12] - China's CPI is expected to show a deflationary trend, with a projected decrease of 0.2% in August compared to a flat reading in July[12] Market Performance - The Shanghai Composite Index fell by 0.51% to 3,807.29 points, while the Shenzhen Component dropped by 1.23%[1] - The Hang Seng Index in Hong Kong closed up by 1.19% at 25,938.13 points, with the Hang Seng Tech Index rising by 1.3%[1] - U.S. stock indices showed slight gains, with the Dow Jones up by 0.43%, S&P 500 up by 0.27%, and Nasdaq up by 0.37%[1] Commodity and Sector Trends - Precious metals and downstream jewelry sectors saw price increases, while real estate stocks experienced a rally[1] - Gold stocks continued to perform strongly amid the market fluctuations[1] Global Economic Outlook - The Federal Reserve faces increased pressure to lower interest rates following the downward revision of employment data[12] - The upcoming release of China's inflation data is anticipated to reflect ongoing economic challenges, including potential deflation[12]