A brief of world stock market on Monday (04/10/2021)(6:50 AM - 05/10/2021)

Most of the world's stock markets fell sharply on the first day of the week, while the Vietnamese stock market rose slightly. Stocks sank sharply on Monday as traders awaited new economic and earnings data this week to confirm or assuage concerns over supply chain challenges, inflation and the pace of the labor market's recovery. The S&P 500 sank by more than 1%. Last Friday, the first day of October and the fourth quarter, the blue-chip index logged its best start to the month since 2007 with a jump of 1.2%. Still, the index posted a weekly loss of 2.2%, or its worst since February, after an equity rout earlier in the week. The Nasdaq underperformed against the other two major indexes, dropping more than 2% as Treasury yields climbed. The benchmark 10-year yield hovered just below 1.5%, with the rise in rates sparking a drop in Big Tech and growth names. Facebook shares dropped by 4.9%, while Amazon shares turned negative for 2021 to date. Stocks are struggling to regain footin

A brief of world stock market on Tuesday (05/10/2021)(7:02 AM - 06/10/2021)

Much of the world's stock markets rallied on Tuesday, and Vietnam's stock market also rallied. US stocks advanced as technology stocks recouped some losses from Monday, when a rotation away from growth names picked up steam as concerns over inflation lingered. The Nasdaq Composite gained 1.3% in its best day since August, after the index dropped over 2% a day earlier. The S&P 500 and Dow also closed higher. Shares of technology heavyweight Facebook (FB) recovered and rose by 2.1% in its best day in five weeks. The stock had shed nearly 5% at the start of the week, as an hours-long platform outage added to a string of negative coverage raising further scrutiny of the social media giant. Equity markets have faced a slew of concerns about the economy and policy landscapes heading into the final quarter of the year. Wall Street's anxiety over the debt-limit debates in Washington increased further, with Democratic and Republican lawmakers still struggling to reach an agreement to rai

A brief of world stock market on Wednesday (06/10/2021)(7:13 AM - 07/10/2021)

Much of the world stock market fell sharply on Wednesday, while the Vietnamese stock market rallied quite strongly. Us stocks turned positive with all three major stock indexes pushing higher during the afternoon session following a report that Congress might reach a short-term agreement to raise the government borrowing limit and prevent a default. The Nasdaq pared earlier losses to trade in slightly positive territory Wednesday afternoon, with investors swooping in to buy a dip in tech and growth stocks. The index had been down by as much as 1.2% earlier in Wednesday's trading day. Both the S&P 500 and Dow also gained, cutting losses after Bloomberg reported that Senate Minority Leader Mitch McConnell was set to offer Democratic lawmakers a deal to temporarily raise the government debt ceiling through November. Earlier, the three major indexes had been lower as concerns over inflation and spiking energy and commodity prices outweighed optimism over the pace of the economic recove

A brief of world stock market on Thursday (07/10/2021)(6:53 AM - 08/10/2021)

Most of the world's stock markets rallied on Thursday, and the Vietnamese stock market rallied quite a bit. US stocks advanced with investors cheering developments in Washington as lawmakers reached an agreement that would temporarily avert a government default by mid-month. The three major indexes extended gains after Senate Majority Leader Chuck Schumer said Thursday morning that lawmakers had reached a deal to extend the government's debt limit through the beginning of December. Such a move would offer time to prevent a government default that many pundits said could come as soon as around Oct. 18. The issue of the debt ceiling has been a focal point for corporate leaders and market participants alike. Earlier Wednesday, President Joe Biden met with top business leaders including JPMorgan CEO Jamie Dimon and Nasdaq CEO Adena Friedman, who urged lawmakers to raise the debt limit and prevent a government default they warned would be catastrophic to the U.S. economy. Treasury Sec