Vietnam Insight

US stocks closed sharply lower on Friday, with the S&P 500 down 1.8%, the Nasdaq sinking 2.4%, and the Dow Jones plunging nearly 610 points due to a weaker-than-expected jobs report that raised concerns about a slowing economy. Nonfarm payrolls increased by just 114,000, well below the forecast of 175,000, while the unemployment rate unexpectedly rose to 4.3%, the highest since October 2021.

VNINDEX closed at 1,236 points (+9.64 points, +0.79%) with increased trading volume. The market saw 160 decliners and 267 advancers. Stocks like BID and GVR contributed to the market's gains, while VCB and FPT weighed on the index. Most sectors recovered. Foreign investors were net buyers with a value of 744 billion dong.

• World stocks: US Stocks plunge amid economic concerns
• Vietnamese stocks: Relieve the pressure
• Macro news
• Business news: #TRA, #ILB, #HQC, #MWG, #DIG, #VOS
• Technical perspective and updated recommendations  
• Event calendar
• Q&A