According to ChainCatcher, investors had expected the market to fluctuate violently after the Fed's sharp rate cut, but what they saw was a calm market. However, such tranquility may quickly dissipate.

"I don't think this calm will last long," said Brian Jacobsen, chief economist at Annex Wealth Management, who pointed out that the stock market reversed that evening, which may indicate that the stock market is expected to be weak, "unless we get some data that can give a clear sense of direction." Jacobsen said the market will pay attention to upcoming data, such as the number of initial jobless claims on Thursday. "The Fed is clearly in a lagging catch-up mode and trying to make up for lost time with the rate cuts it just implemented," Jacobsen said.