Vietnam Insight

FED holds interest rates steady. In regular trading on Wednesday, the Dow rose 0.7%, the S&P 500 gained 0.43%, and the Nasdaq Composite added 0.27%. Nvidia, a standout in the AI sector, climbed 3.1% following a Bloomberg report that the Trump administration plans to lift trade restrictions on semiconductor chips. Meanwhile, AppLovin surged 13% in extended trading after beating Wall Street estimates and announcing a deal to sell its mobile gaming division. The Federal Reserve kept the funds rate at 4.25%–4.50% for a third consecutive meeting in May 2025, in line with expectations, as officials adopt a wait-and-see approach amid concerns that President Trump’s tariffs could drive up inflation and slow economic growth. Policymakers noted that uncertainty about the economic outlook has increased further and that the risks of higher unemployment and higher inflation have risen

Real estate stocks attract flow. VNINDEX closed at 1,250.37 (+8.42 points, +0.68%) with liquidity lower than the 20-session average. The market had 187 gainers and 132 losers, with good contributions from the real estate, oil and gas and chemical groups.

Trading Strategy: Long-term investors may consider allocating funds into stocks with strong fundamentals and a solid accumulation base at low weight. We can focus on stocks benefiting from domestic internal factors in sectors such as: Steel, banking, securities, and power.

Buy Recommendation: IMP

The US and China will discuss trade this week.