Which sectors of US stocks are worth paying attention to in a rate-cut environment?

The Federal Reserve has just entered a rate-cut cycle, and market sentiment is gradually warming up. Different sectors benefit to varying degrees in a rate-cut environment, and the following directions are worth focusing on:

① Technology sector (VGT, XLK)
Rate cuts lower the discount rate for growth stocks, benefiting companies with strong future cash flows. Themes like AI, semiconductors, and cloud computing remain strong. $VG Info Tech(VGT.US) $Spdr Select Tech(XLK.US) 

② Consumer discretionary sector (XLY)
Lower interest rates help reduce consumer credit costs, potentially benefiting industries like durable goods, travel, and automobiles.$SPDR FD Consumer Discretionary(XLY.US) 

③ Utilities sector (IDU)
Utility companies have high debt levels, and rate cuts directly lower financing costs while their stable dividends become more attractive in a low-rate environment.$ISHRS Us Utilities(IDU.US) 

④ Real estate / REITs (USRT)
REITs are sensitive to interest rates, and lower financing costs will improve profit margins, especially for sub-sectors like warehouses and data centers.$iShares Core US Reit(USRT.US) 

Summary
During the rate-cut cycle, a balance between growth and defense can be achieved: the technology and consumer discretionary sectors offer upside potential, while utilities and REITs provide defensive and cash flow advantages.