Vietnam Insight

On Tuesday, the Nasdaq Composite rose 0.59%, driven by an almost 7% rally in Nvidia. The S&P 500 also inched up 0.02%, while the Dow fell 0.55% as Merck and Amgen slipped 2.2% and 1.8%, respectively. Technology, energy and communication services stocks outperformed the market, while industrial, healthcare and financials were the biggest laggards. Those moves came as investors continued to assess the outlook for interest rates, with Minneapolis Federal Reserve President Kashkari saying that he wouldn't rule out additional rate hikes if inflationary pressures resurface.

VNINDEX closed at 1,281.73 (+14.05 points, +1.11%), liquidity at the 20-session average. The market has 342 green codes and 87 red codes. Green color spreads in most industry groups. The group of stocks contributing to the market's increase include FPT LPB and HVN. On the contrary, the group of stocks contributing to the market's decline were CTG LGC and VCF. Foreign net sellers were about VND-1,150 billion.

• World stocks: Waiting for the PCE index
• Vietnamese stocks: Moving towards the peak
• Macro news
• Business news: #HDG, #VND, #SRF, #VTO, #VEA, #ANV
• Technical perspective and updated recommendations #HAH 
• Event calendar
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