Vietnam Insight

The annual inflation rate in the US accelerated for the second consecutive month to 2.7%. US stock futures edged lower on Wednesday as investors turned cautious ahead of a fresh round of corporate earnings and the latest producer price index data. On the economic front, June’s PPI report is in focus, as markets seek further clarity on how President Trump’s tariff policies are influencing producer prices and inflation trends. In Tuesday’s regular session, the Dow fell 0.94% and the S&P 500 lost 0.4%, pressured by hotter-than-expected consumer inflation data for June, which reinforced fears about tariff-driven price pressures. In contrast, the Nasdaq Composite rose 0.18%, buoyed by a 4% rally in Nvidia after the company expressed optimism about resuming sales of its H20 AI chips to China. The annual inflation rate in the US accelerated for the second consecutive month to 2.7% in June 2025, the highest level since February, up from 2.4% in May and in line with expectations.

Head to the all time peak. VNINDEX closed at 1,470.42 (-9.77 points, -0.66%) with high liquidity above the 20-session average. The market had 136 stocks increasing and 190 stocks decreasing. The group of stocks contributing the most to the market's increase were GEE, GEX, LPB while VCB VHM VIC contributed to the market's decrease. Foreign investors net bought about 1,117.5 billion, the value mainly concentrated in stocks SSI, DXG.

Trading Strategy: In technical correction sessions, investors can consider disbursing part of the investment in stocks with good business results expectations and benefiting from market upgrade expectations. Investors can consider investing in stocks that have attracted foreign investors recently, such as banking and real estate.

Buy recommendation: HDG