降息，突发！美联储，重磅发声！

Market Performance - The US stock market opened higher on November 21, with the Dow Jones up by 0.36% and the S&P 500 up by 0.14%, while the Nasdaq Composite saw a slight decline of 0.09% [1] - Major technology stocks mostly declined, with Oracle dropping over 5%, Broadcom down over 2%, and Nvidia and Microsoft each falling over 1%. In contrast, Google A rose over 2%, and Apple increased by over 1% [2] Banking Sector - Most large bank stocks experienced declines, with Goldman Sachs, Morgan Stanley, Wells Fargo, JPMorgan Chase, and Citigroup all down by over 1%. However, BlackRock and UBS saw slight increases [3] Chinese Stocks - Popular Chinese concept stocks mostly rose, with Tencent Music and Vipshop up over 3%, and Li Auto, NIO, and Gaotu increasing by over 2%. However, Alibaba and Pinduoduo saw declines of over 1% [3] Federal Reserve Insights - Several Federal Reserve officials indicated a shift in expectations regarding interest rate cuts, with the probability of a December rate cut now exceeding 50% [4] - Fed Vice Chair Jefferson noted that the current AI-related stock surge is unlikely to mirror the late 1990s internet bubble collapse due to the maturity and profitability of today's AI companies [4] - Fed officials expressed differing views on monetary policy, with some suggesting the need for stable rates to assess economic conditions, while others indicated potential for gradual rate cuts in the future [6][7] Employment Data - The US labor market showed unexpected strength, with non-farm payrolls increasing by 119,000 in September, significantly above the expected 50,000. The unemployment rate rose to 4.4%, the highest since October 2021 [7] - Revised data indicated that the combined non-farm payrolls for July and August were lower by 33,000 than previously reported [8]