On the news front, the Federal Reserve released the "Beige Book," which indicated that manufacturing activity varied across regions in recent weeks. Most reports pointed to increased tariffs and weak overall demand creating a challenging environment. Agricultural, energy, and transportation activities generally declined across reporting districts. Future economic growth prospects differed by region and industry. One district specifically highlighted the downside risk to economic growth from a prolonged government shutdown.

The report also showed that employment levels remained largely stable in recent weeks, with demand for labor generally subdued across regions and sectors. This information supported investors' expectations for another rate cut this month.

ChiNext 50 ETF Guotai (159375) tracks the ChiNext 50 Index (399673), with a price fluctuation limit of 20%. The index selects 50 stocks with large market capitalization and high liquidity from the Shenzhen Stock Exchange's ChiNext board, covering high-growth sectors such as information technology, new energy, and pharmaceuticals. The index focuses on technological innovation, highlighting both "technology + growth" attributes, and employs a dynamic adjustment mechanism to continuously optimize the constituent structure, reflecting the overall market performance of core high-quality enterprises on the ChiNext board.

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