In regular trading on Tuesday, the Dow rose 0.62%, the S&P 500 climbed 0.73% and the Nasdaq Composite advanced 0.93%, those gains came on the back of strong corporate earnings reports and easing Treasury yields. The S&P Global US Composite PMI rose to 51.0 in October 2023, up from September's 50.2, signaling an acceleration in the pace of private sector output expansion, a preliminary estimate showed. This marked the fastest expansion since July, supported by a quicker rate of expansion in both services and manufacturing activities.
VNINDEX closed at 1,105 points (+12.37 points, +1.13%) with relatively low liquidity. The market increased with 355 green stocks and 142 red stocks. Foreign investors returned to net selling with -460 billion VND, focusing mainly on stocks such as MWG, VHM, HPG.
- World stocks: Global markets rebound after US PMI data
- Vietnam stocks: Consolidation around 1,100 points
- Business news: #VIC, #ACB, #POW, #PNJ, #STB, #VRE
- Technical perspective and updated recommendations: #ACB
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