凌晨重磅！中国资产，大涨！美联储，降息大消息

Core Viewpoint - The US stock market experienced a collective rise, with the storage chip sector showing strength and Chinese concept stocks significantly increasing in value. The market is closely watching the upcoming Federal Reserve meeting, where a high probability of interest rate cuts is anticipated [1][2][20]. Market Performance - On December 5, all three major US stock indices closed higher: the Dow Jones Industrial Average rose by 0.22% to 47,954.99 points, the S&P 500 increased by 0.19% to 6,870.40 points, and the Nasdaq Composite gained 0.31% to 23,578.13 points [4][5]. - Weekly performance showed all three indices ending previous adjustments with gains: Nasdaq up 0.91%, Dow up 0.5%, and S&P 500 up 0.31% [5]. Sector Performance - The storage chip sector saw significant gains, with SanDisk up 7.12%, Seagate Technology up 5%, Micron Technology up 4.63%, Western Digital up over 4%, Broadcom up 2.39%, and Intel up 2.2% [7]. - The technology sector displayed mixed results, with the US Tech Giants Index rising by 0.2%. Notable individual stock performances included Facebook (up nearly 2%), Google (up over 1%), and Microsoft (up 0.46%), while Apple and Nvidia saw declines of 0.68% and 0.58%, respectively [5][6]. Chinese Concept Stocks - Chinese concept stocks were a highlight of the market, with the Nasdaq Golden Dragon China Index rising by 1.29%. Key individual stock performances included Dingdong Maicai (up over 11%), Huya (up over 6%), Baidu (up 5.85%), and ZTO Express (up over 3%) [9][10]. Economic Indicators - The US core PCE inflation rate unexpectedly cooled, with the monthly rate at 0.2% and the annual rate at 2.8%, which is 0.1 percentage points lower than expected. This development is seen as potentially paving the way for interest rate cuts by the Federal Reserve [12][13]. - Market expectations for a December interest rate cut by the Federal Reserve remain high, with a probability of 87.2% for a 25 basis point cut, while the likelihood of maintaining the current rate is only 12.8% [15][21]. Federal Reserve Meeting - The Federal Reserve's upcoming meeting on December 9-10 is anticipated to be a critical event for market direction, with the decision expected to be announced on December 11 at 3:00 AM Beijing time [20][21].