Vietnam Insight

Positive market movements. U.S. stock futures edged up after Wall Street closed firmer Thursday, with the S&P 500 and Nasdaq hitting a fresh record amid solid retail sales and a further drop in jobless claims. Tech stocks led gains as Taiwan Semiconductor’s upbeat outlook boosted sentiment in AI-related spending. On monetary policy, San Francisco Fed President Mary Daly said it's reasonable to expect two rate cuts this year, warning against waiting too long. In contrast, Fed Governor Adriana Kugler said rates should be held steady “for some time,” citing accelerating inflation driven by tariffs. On that front, President Trump has sent letters to over 20 trade partners, setting new baseline tariffs of 20%–40%. In corporate news, United Airlines said the H2 of 2025 looks more predictable and may allow it to beat earnings targets. Meanwhile, Chevron is nearing a production plateau in the largest U.S. oil field, which is expected to pave the way for billions in additional cash flow over the next few years.

Right below the historical peak. VNINDEX closed at 1,490.01 (+14.54 points, +0.99%) with liquidity above the 20-session average. The market had 209 gainers and 115 losers. The stocks that contributed the most to the market's growth were VHM, VIC, VCB while VPL OCB VJC contributed to the market's decline. Foreign investors net sold about 156 billion, the value mainly concentrated in VCB and HCM stocks.

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.