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Yuvi.
$QQQ 纳指走出回调区，估值压力就消失了吗？
11月9日纳指综合上涨约2.74%。这给纳指100产品提供情绪背景，但大权重利润和实际利率仍决定估值。若上涨扩散且核心成分盈利预期上调，修复更扎实。若只靠倍数反弹而收益率攀升，波动可能回归。
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