Market Overview - The Shanghai Composite Index has fallen below 4000 points, closing at 3986.90, down 0.73% [2][4] - The Shenzhen Component Index closed at 13532.13, down 1.16%, while the ChiNext Index fell 1.84% to 3263.02 [2][4] Sector Performance - The top-performing sectors included Steel (+0.90%), Non-ferrous Metals (+0.79%), and Utilities (+0.13%) [3] - The worst-performing sectors were Communication (-2.83%), Electronics (-2.23%), and Defense & Military Industry (-1.95%) [3] Market Trends - The market experienced fluctuations with the three major indices showing collective declines, particularly the ChiNext Index which dropped nearly 2% [6] - The trading volume in the Shanghai and Shenzhen markets reached 2.42 trillion, an increase of 165.6 billion from the previous trading day [6] Future Outlook - The Federal Reserve's decision to lower the benchmark interest rate by 25 basis points to 3.75%-4.00% is expected to attract international capital to emerging markets, including China [5][6] - Positive policy signals from recent meetings are anticipated to enhance market risk appetite, with a focus on sectors such as dividends, TMT (Technology, Media, and Telecommunications), New Energy, and Non-ferrous Metals [6]