Core Viewpoint - The Federal Reserve's decision to cut interest rates by 25 basis points does not indicate the start of a long-term easing cycle, which dampens market bullish sentiment [1][3]. Market Dynamics - The Dow Jones increased by 260.42 points (0.57%) to 46018.32, while the Nasdaq fell by 72.63 points (0.33%) to 22261.33, and the S&P 500 decreased by 6.41 points (0.10%) to 6600.35 [4]. - Among the 11 sectors of the S&P 500, the financial sector rose by 0.96%, and the energy sector increased by 0.28%, while the industrial sector fell by 0.47% and the information technology sector declined by 0.7% [4]. - In the ETF market, the semiconductor ETF dropped by 0.64%, while the energy ETF rose by 0.23% and the financial ETF increased by 0.97% [4]. Stock Performance - Major tech stocks showed mixed results, with Nvidia down 2.62%, Amazon down 1.04%, and Google A down 0.65%, while Microsoft rose by 0.19% and Apple increased by 0.35% [5]. - Lyft's stock surged by 13% following the announcement of a partnership with Waymo for autonomous taxi services in Nashville, while competitor Uber fell by 5% [6]. - Workday's shares rose by 7.25% after reports of Elliott Management acquiring over $2 billion in shares [7]. - StubHub's stock fell over 6% on its first day of trading, marking a reversal in the hot IPO market [8]. - Chinese concept stocks mostly rose, with the Nasdaq Golden Dragon China Index up 2.85%, including Baidu up over 11% and NIO up over 6% [8].

Market Overview - Major industry ETFs showed mixed performance, with the internet stock index ETF rising over 2% and the biotechnology index ETF increasing nearly 1%, while the semiconductor ETF fell over 1% [1] Industry Performance - Internet Stock Index ETF: Current price at 276.48, up by 5.69 (+2.10%), with a trading volume of 23,186 shares and a total market value of $18.358 billion, reflecting a year-to-date increase of 13.70% [2] - Biotechnology Index ETF: Current price at 134.70, up by 1.00 (+0.75%), with a trading volume of 119,700 shares and a total market value of $10.695 billion, showing a year-to-date increase of 1.97% [2] - Semiconductor ETF: Current price at 292.70, down by 3.56 (-1.20%), with a trading volume of 889,500 shares and a total market value of $3.460 billion, reflecting a year-to-date increase of 20.87% [2] - Financial Sector ETF: Current price at 52.83, up by 0.13 (+0.24%), with a trading volume of 6.0103 million shares and a total market value of $58.797 billion, showing a year-to-date increase of 10.07% [2] - Energy Sector ETF: Current price at 87.50, down by 0.18 (-0.21%), with a trading volume of 1.2367 million shares and a total market value of $21.912 billion, reflecting a year-to-date increase of 3.78% [2]

Group 1 - Major industry ETFs showed mixed performance, with the biotechnology and semiconductor ETFs both rising by 0.7% [1] - The biotechnology index ETF is currently priced at 134.78, reflecting an increase of 0.93 (+0.69%) with a total market value of 10.702 billion and a year-to-date change of +2.04% [2] - The semiconductor ETF is priced at 294.90, up by 2.00 (+0.68%), with a total market value of 34.86 billion and a year-to-date increase of +21.77% [2] Group 2 - The global airline ETF decreased by 0.8%, currently priced at 24.05, down by 0.20 (-0.82%), with a total market value of 0.0757575 billion and a year-to-date decline of -5.13% [1][2] - The utility ETF increased by 0.51%, priced at 85.01, with a total market value of 12.341 billion and a year-to-date change of +13.90% [2] - The financial sector ETF rose by 0.23%, priced at 52.92, with a total market value of 589.02 billion and a year-to-date increase of +10.27% [2]

Core Viewpoint - The majority of major industry ETFs in the US stock market experienced declines, with the energy sector ETF dropping nearly 1%, while the global airline industry ETF saw an increase of over 4% [1] Industry Performance Summary - **Global Airline Industry ETF**: Current price at 24.84, increased by 0.97 (+4.06%), with a trading volume of 766,000 shares and a total market value of 78.246 million, down 2.01% year-to-date [2] - **Consumer Discretionary ETF**: Current price at 220.04, increased by 1.09 (+0.50%), with a trading volume of 161,800 shares and a total market value of 27.638 billion, down 1.44% year-to-date [2] - **Semiconductor ETF**: Current price at 286.80, increased by 1.38 (+0.48%), with a trading volume of 416,800 shares and a total market value of 3.39 billion, up 18.43% year-to-date [2] - **Global Technology ETF**: Current price at 93.67, decreased by 0.01 (-0.01%), with a trading volume of 7,760 shares and a total market value of 1.311 billion, up 10.74% year-to-date [2] - **Technology Sector ETF**: Current price at 257.57, decreased by 0.26 (-0.10%), with a trading volume of 344,900 shares and a total market value of 81.922 billion, up 11.15% year-to-date [2] - **Financial Sector ETF**: Current price at 52.34, decreased by 0.06 (-0.11%), with a trading volume of 1.8149 million shares and a total market value of 58.257 billion, up 9.06% year-to-date [2] - **Consumer Staples ETF**: Current price at 80.64, decreased by 0.17 (-0.22%), with a trading volume of 1.8377 million shares and a total market value of 13.647 billion, up 3.84% year-to-date [2] - **Regional Bank ETF**: Current price at 62.98, decreased by 0.14 (-0.22%), with a trading volume of 379,700 shares and a total market value of 5.256 billion, up 5.78% year-to-date [2] - **Healthcare ETF**: Current price at 135.08, decreased by 0.41 (-0.30%), with a trading volume of 735,700 shares and a total market value of 25.850 billion, down 0.96% year-to-date [2] - **Banking Sector ETF**: Current price at 58.20, decreased by 0.18 (-0.32%), with a trading volume of 29,790 shares and a total market value of 4.504 billion, up 6.39% year-to-date [2] - **Biotechnology Index ETF**: Current price at 131.87, decreased by 0.42 (-0.32%), with a trading volume of 58,256 shares and a total market value of 10.470 billion, down 0.17% year-to-date [2] - **Utilities ETF**: Current price at 81.59, decreased by 0.31 (-0.38%), with a trading volume of 1.0498 million shares and a total market value of 11.845 billion, up 9.31% year-to-date [2] - **Internet Sector Index ETF**: Current price at 268.18, decreased by 1.33 (-0.49%), with a trading volume of 5,097 shares and a total market value of 17.807 billion, up 10.28% year-to-date [2] - **Energy Sector ETF**: Current price at 87.30, decreased by 0.76 (-0.86%), with a trading volume of 1.1767 million shares and a total market value of 21.862 billion, up 3.55% year-to-date [2]

Market Overview - Major industry ETFs in the US stock market experienced an overall increase, with the biotechnology index ETF rising over 2%, and the semiconductor ETF increasing by more than 1% [1] Biotechnology Sector - The biotechnology index ETF is priced at 132.10, reflecting an increase of 2.77 (+2.14%) with a trading volume of 63,515 shares and a total market value of 10.489 billion [2] Semiconductor Sector - The semiconductor ETF is currently priced at 286.79, showing an increase of 3.31 (+1.17%) with a trading volume of 314,300 shares and a total market value of 33.90 billion, which is up 18.42% year-to-date [2] Global Technology Sector - The global technology stock index ETF is priced at 93.68, with an increase of 0.76 (+0.82%) and a trading volume of 5,242 shares, reflecting a year-to-date increase of 10.75% with a total market value of 1.312 billion [2] Airline Industry - The global airline industry ETF is priced at 24.13, with an increase of 0.19 (+0.79%) and a trading volume of 19,832 shares, but it has a total market value of 76.095 million, down 4.81% year-to-date [2] Healthcare Sector - The healthcare ETF is priced at 135.87, showing an increase of 0.90 (+0.67%) with a trading volume of 447,400 shares and a total market value of 26.001 billion, down 0.38% year-to-date [2] Technology Industry - The technology sector ETF is priced at 257.92, with an increase of 1.63 (+0.64%) and a trading volume of 158,900 shares, reflecting a total market value of 82.034 billion, up 11.30% year-to-date [2] Regional Banks - The regional bank ETF is priced at 63.48, showing an increase of 0.33 (+0.53%) with a trading volume of 353,000 shares and a total market value of 5.298 billion, up 6.62% year-to-date [2] Banking Sector - The banking ETF is priced at 58.74, with an increase of 0.28 (+0.48%) and a trading volume of 31,939 shares, reflecting a total market value of 4.547 billion, up 7.38% year-to-date [2] Consumer Discretionary - The consumer discretionary ETF is priced at 218.65, showing an increase of 0.99 (+0.45%) with a trading volume of 61,987 shares and a total market value of 27.463 billion, down 2.06% year-to-date [2] Financial Sector - The financial sector ETF is priced at 52.38, with an increase of 0.17 (+0.33%) and a trading volume of 1.314 million shares, reflecting a total market value of 58.301 billion, up 9.15% year-to-date [2] Utility Sector - The utility ETF is priced at 81.24, showing an increase of 0.10 (+0.12%) with a trading volume of 557,800 shares and a total market value of 11.794 billion, up 8.85% year-to-date [2] Energy Sector - The energy ETF is priced at 88.25, with a decrease of 0.26 (-0.29%) and a trading volume of 815,100 shares, reflecting a total market value of 22.100 billion, up 4.67% year-to-date [2]

Group 1 - Major industry ETFs in the US stock market experienced an overall increase, with regional bank ETFs rising by 1.59%, global airline ETFs by 1.51%, and bank ETFs by 1.27% [1][2] Group 2 - Regional bank ETF (KRE) is currently priced at $63.51, with a gain of $0.99 (+1.59%) and a total market value of $5.3 billion, reflecting a year-to-date increase of 6.66% [2] - Global airline ETF (JETS) is priced at $24.15, up by $0.36 (+1.51%), with a market value of $760.725 million, showing a year-to-date decline of 4.73% [2] - Bank ETF (KBE) is trading at $59.00, gaining $0.74 (+1.27%), with a market capitalization of $4.567 billion and a year-to-date increase of 7.86% [2]

Market Overview - Major industry ETFs mostly declined, with the Consumer Discretionary ETF down approximately 1%, the Biotechnology Index ETF down 0.55%, and the Energy ETF down 0.5% [1] Industry Performance - Consumer Discretionary ETF (US XLY) current price: $215.37, down $1.96 (-0.90%), with a trading volume of 86,452 shares and a total market value of $27.051 billion, down 3.53% year-to-date [2] - Biotechnology Index ETF (US IBB) current price: $125.81, down $0.70 (-0.55%), with a trading volume of 54,019 shares and a total market value of $9.989 billion, down 4.76% year-to-date [2] - Energy ETF (US XLE) current price: $84.39, down $0.42 (-0.50%), with a trading volume of 1.0193 million shares and a total market value of $21.133 billion, up 0.09% year-to-date [2] - Semiconductor ETF (US SMH) current price: $277.65, down $1.23 (-0.44%), with a trading volume of 248,700 shares and a total market value of $3.282 billion, up 14.65% year-to-date [2] - Internet Index ETF (US FDN) current price: $268.48, down $0.85 (-0.31%), with a trading volume of 2,192 shares and a total market value of $17.827 billion, up 10.41% year-to-date [2] - Global Technology ETF (US IXN) current price: $92.09, down $0.25 (-0.27%), with a trading volume of 3,645 shares and a total market value of $1.289 billion, up 8.87% year-to-date [2] - Banking ETF (US KBE) current price: $55.67, down $0.09 (-0.16%), with a trading volume of 32,613 shares and a total market value of $4.309 billion, up 1.77% year-to-date [2] - Technology Sector ETF (US XLK) current price: $252.89, down $0.34 (-0.13%), with a trading volume of 158,800 shares and a total market value of $804.33 billion, up 9.13% year-to-date [2] - Healthcare ETF (US XLV) current price: $134.61, down $0.18 (-0.13%), with a trading volume of 326,900 shares and a total market value of $25.760 billion, down 1.30% year-to-date [2] - Financials ETF (US XLF) current price: $52.31, down $0.06 (-0.11%), with a trading volume of 890,000 shares and a total market value of $58.223 billion, up 9.00% year-to-date [2] - Global Airlines ETF (US JETS) current price: $22.95, down $0.02 (-0.09%), with a trading volume of 42,334 shares and a total market value of $72.293 million, down 9.47% year-to-date [2] - Utilities ETF (US XLU) current price: $81.60, down $0.06 (-0.07%), with a trading volume of 595,900 shares and a total market value of $11.846 billion, up 9.33% year-to-date [2] - Regional Banks ETF (US KRE) current price: $59.42, up $0.03 (+0.05%), with a trading volume of 263,600 shares and a total market value of $4.959 billion, down 0.20% year-to-date [2] - Consumer Staples ETF (US XLP) current price: $81.33, up $0.36 (+0.44%), with a trading volume of 459,700 shares and a total market value of $137.63 million [2]

Core Viewpoint - The U.S. stock market opened with mixed performance among major industry ETFs, with consumer discretionary ETFs rising over 0.8% while gold stock ETFs fell more than 2% [1]. Group 1: Consumer Discretionary and Other ETFs - Consumer discretionary ETF (XLY) increased by 1.72 to 216.72, representing a rise of 0.80% with a trading volume of 247,700 shares [2]. - Semiconductor ETF (SMH) rose by 2.21 to 279.40, also reflecting a 0.80% increase with a trading volume of 487,700 shares [2]. - Regional bank ETF (KRE) saw an increase of 0.28 to 59.76, which is a 0.46% rise with a trading volume of 786,000 shares [2]. - Internet index ETF (FDN) increased by 0.85 to 265.22, marking a 0.32% rise with a trading volume of 12,745 shares [2]. - Technology sector ETF (XLK) rose by 0.75 to 251.82, reflecting a 0.30% increase with a trading volume of 441,700 shares [2]. - Global technology ETF (IXN) increased by 0.27 to 91.82, representing a 0.29% rise with a trading volume of 9,163 shares [2]. - Healthcare ETF (XLV) rose by 0.27 to 134.49, marking a 0.20% increase with a trading volume of 792,600 shares [2]. - Consumer staples ETF (XLP) increased by 0.14 to 80.31, reflecting a 0.18% rise with a trading volume of 922,300 shares [2]. - Utilities ETF (XLU) rose by 0.13 to 81.30, representing a 0.16% increase with a trading volume of 1,079,700 shares [2]. - Financials ETF (XLF) saw a slight increase of 0.03 to 51.81, which is a 0.05% rise with a trading volume of 1,939,700 shares [2]. Group 2: Gold Stocks - Gold stock ETFs experienced a decline of over 2%, indicating a negative trend in this sector [1].

Market Performance Summary - Semiconductor industry ETF declined by 0.88%, while network stock index ETF fell by 0.83% and global technology stock index ETF decreased by 0.48% [1] - Technology sector ETF dropped by 0.44%, whereas consumer discretionary ETF increased by 0.12%, banking sector ETF rose by 0.62%, and regional bank ETF gained 0.76% [1] - Energy sector ETF saw the highest increase at 1.02% [1] Sector Performance - Among the 11 sectors in the S&P 500, the telecommunications sector experienced the largest decline of 1.83%, with Google A shares down by 3.85% and Google C shares down by 3.59% [1] - Meta Platforms also saw a decrease of 1.93% [1] - The energy sector was the only sector to show a significant increase, rising by 1.05% [1] ETF Details - Semiconductor ETF closed at $260.27, down by $2.32 (-0.88%), with a total market value of $30.77 billion and a year-to-date increase of 7.47% [2] - Network stock index ETF closed at $253.63, down by $2.11 (-0.83%), with a total market value of $168.41 billion and a year-to-date increase of 4.30% [2] - Technology sector ETF closed at $240.54, down by $1.07 (-0.44%), with a total market value of $765.05 billion and a year-to-date increase of 3.63% [2]

Core Viewpoint - The U.S. stock market opened with mixed performance among major industry ETFs, showing overall modest fluctuations, with regional bank and energy sector ETFs leading the gains [1] Group 1: ETF Performance - Consumer discretionary ETF (US XLY) increased by 1.04 points, or 0.49%, with a trading volume of 142,400 shares [2] - Regional bank ETF (US KRE) rose by 0.28 points, or 0.49%, with a trading volume of 1,048,900 shares and a market value of $4.679 billion [2] - Semiconductor ETF (US SMH) gained 1.25 points, or 0.48%, with a trading volume of 280,500 shares and a market value of $3.107 billion [2] - Energy sector ETF (US XLE) saw an increase of 0.35 points, or 0.40%, with a trading volume of 2,585,700 shares and a market value of $22.291 billion [2] - Financial sector ETF (US XLF) rose by 0.17 points, or 0.33%, with a trading volume of 2,354,500 shares and a market value of $56.103 billion [2] - Internet index ETF (US FDN) increased by 0.83 points, or 0.33%, with a trading volume of 33,368 shares and a market value of $17.086 billion [2] - Technology sector ETF (US XLK) gained 0.56 points, or 0.23%, with a trading volume of 323,600 shares and a market value of $76.931 billion [2] - Global airline ETF (US JETS) rose by 0.04 points, or 0.21%, with a trading volume of 93,521 shares and a market value of $6.83708 million [2] - Global technology ETF (US IXN) increased by 0.17 points, or 0.20%, with a trading volume of 8,040 shares and a market value of $1.222 billion [2]