早盘直击｜今日行情关注

Core Viewpoint - The article emphasizes that the economic expectations for the second half of the year will dominate market trends, with a focus on domestic macro policies aimed at stabilizing growth and improving external conditions [1]. Market Performance - The market experienced a differentiated rebound last week, with the Shanghai Composite Index showing signs of acceleration after surpassing the 2021 market high, while the Shenzhen Component Index continued to rise after adjustments [1]. - Average daily trading volume reached nearly 30 billion yuan, marking three consecutive weeks of significant increase in trading activity [1]. - Key market sectors included TMT (Technology, Media, and Telecommunications), non-ferrous metals, and consumer goods, with technology stocks leading in gains while small and mid-cap stocks lagged [1]. Economic Outlook - Since July, a series of macro policies have been introduced to support growth, addressing market concerns on both supply and demand sides, leading to a relatively strong expectation for stable economic growth [1]. - The external environment has improved due to a de-escalation of trade conflicts and a shift towards looser monetary and fiscal policies among major global economies [1]. Market Dynamics - The market is expected to undergo technical consolidation due to short-term divergences between bullish and bearish sentiments, as indicated by the significant deviation of the five-day moving average [1].