Early this morning, the Federal Reserve issued an important signal.

The Federal Reserve released the minutes of its September interest rate meeting in the early morning of October 10, Beijing time. The minutes attracted widespread attention from the market. The minutes revealed that at the September meeting, there were significant differences within the Fed on whether to cut interest rates by 50 basis points. The minutes emphasized that the Fed's monetary policy does not have a fixed line, but will be determined based on factors such as economic development, economic prospects, employment and inflation risks.

Analysts believe that although the meeting minutes showed disagreements among Fed officials on the decision to cut interest rates, this did not change the overall trend of the interest rate cutting cycle, which is a positive sign for the stock market.

Affected by this news, the three major U.S. stock market indexes all closed higher. The S&P 500 index rose 0.71%, setting a new record high again; the Dow Jones Industrial Average rose more than 1%, and the Nasdaq Composite Index rose 0.6%. Chinese concept stocks also rebounded sharply during trading. The Nasdaq China Golden Dragon Index fell more than 3.7% at the beginning of the session, but by the close, the decline had narrowed to 1.29%. FTSE China A50 Index futures also rose 2.87% in overnight trading.