The Fed's "dovish" stance has caused A-shares to fall again!

The minutes of the Fed's meeting released overnight show that the September rate cut is very close.

The minutes show that officials have realized that the Fed has fallen behind the situation, and they realized it before the release of the July non-farm data.

A 25 basis point rate cut in September is a foregone conclusion. In addition, Powell's speech on Friday will surely warm up the rate cut, but the magnitude is still the key.

A-shares continued to fluctuate and rebounded near the end of the trading day.

Many bank stocks hit new historical highs during the trading session.

But the three major indexes still closed down across the board.

3,667 companies in the two markets are expected to rise, and the increase is only one-third of 1,437.

The trading volume increased slightly by 18.6 billion in the morning, and the trading volume in the morning was 336.8 billion.