Market Report Week 16 - Global stocks are mixed, the Fed is likely to continue raising interest rates
24/04/2023

Summary

The US stock market has been volatile. The major indexes both rallied on Tuesday and Wednesday, fueled by a boom in big tech companies like Microsoft and Apple. On Friday, however, the market was pushed down by falling oil prices and the decline of companies in the energy sector. Most recently, Cleveland Loretta Mester signaled support for another rate hike to quell inflation while also warning of the need to watch recent banking stress that could dent credit and weaken the economy. economic. At the end of the week, Dow Jones, S&P 500 were almost flat.

Vietnam stocks had a poor trading week, VN-Index fell 0.9% to 1,043 points, HN-Index also decreased slightly 0.2% to 207. The rapidly increasing number of Covid cases also negatively affected the market sentiment. Notably, the increase in rice and sugar prices contributed to the ceiling price increase in related stocks.

 

  • Cash flow and capital flow events
  • Top stocks worth noting
  • Macro data
Category
Weekly
Author
SSV
Details

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