Global stocks are diverged. Wall Street extended losses on Friday. US retail trade was unchanged in September, missing market expectations of a 0.2% advance, as high inflation and rising borrowing costs hit consumer demand.
Domestic stocks have a week of recovery after five consecutive weeks of decline. The index successfully tested the psychological level of 1,000 points and gained strongly after that. The pessimism seems to have reached the extreme level and it is easy to promote short-term bottom-fishing demand.
- Domestic and international news
- Inter-market update
- Technical view and recommendations
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