节前重回万亿，AI调整到底了吗？

Group 1 - The core market trend shows a return to a trading volume of over 1 trillion, with a focus on sector-specific themes and rapid rotation of stocks, indicating increased market volatility and divergence in fund flows [1][3] - Major indices experienced slight declines, with the Shanghai Composite Index down 0.02% to 3339 points, and total trading volume reached 1.03 trillion yuan, an increase of 98 billion yuan from the previous day, reflecting a divergence between volume and price [3][4] Group 2 - Key sectors with net inflows include natural gas, food, machinery, PCB, and oil services, while the leading concepts with net inflows are optical communication, 5G, optical-electronic packaging, cross-border e-commerce, and leading companies in overseas markets [4] - New consumption trends are gaining traction, with 14 stocks hitting the daily limit, driven by a trend of consumption downgrade and new consumption concepts among Generation Z, particularly in jewelry and new beverages [5][6] Group 3 - The nuclear power sector continues to show strength, with seven stocks hitting the daily limit, supported by policy catalysts and industry optimism, reflecting a core focus on high-potential stocks [6] - The concepts of unmanned sanitation and logistics vehicles have also seen a surge, with 13 stocks hitting the daily limit, driven by advancements in robotics and autonomous driving, indicating a growing interest in these technologies [7] Group 4 - The market is characterized by rapid rotation of themes, with emerging sectors like "millet economy" and "hair medical" showing brief surges, indicating a lack of consensus among major funds [9] - The market outlook before the holiday is cautious, with historical data suggesting a high probability of declines in the days surrounding the Dragon Boat Festival, and the Shanghai Composite Index facing critical support at 3330 points [9] Group 5 - Recent developments in AI applications are gaining momentum, with significant advancements from companies like Google and Microsoft, and upcoming earnings reports from Nvidia and Tesla are anticipated to impact market sentiment [10] - The focus for June will be on the potential recovery of AI sectors, with an emphasis on trading volume and market risk appetite, as well as identifying key stocks in AI computing and agent applications [10]