A brief of world stock market on Wednesday (13/10/2021)(7:02 AM - 14/10/2021)

Most of the world's stock markets rallied quite strongly on Wednesday, while the Vietnamese stock market rose and fell during the session. Wall Street was set for a mixed open on Wednesday as a solid rise in monthly consumer prices took the shine off stronger-than-expected earnings from JPMorgan and BlackRock. A Labor Department report showed consumer price index rose 0.4% last month after climbing 0.3% in August. Economists polled by Reuters had forecast the overall CPI to rise 0.3%. The data comes amid a surge in the costs of energy products and could cast doubts on the Federal Reserve's view that high inflation is transitory. JPMorgan inched higher in premarket trading after its third-quarter earnings beat estimates, helped by global dealmaking boom and release of more loan loss reserves in signs of an improving economy. Its peers Bank of America, Citigroup, Wells Fargo and Morgan Stanley will report results on Thursday, while Goldman Sachs will publish earnings on Friday. The

A brief of world stock market on Thursday (14/10/2021)(7:00 AM - 15/10/2021)

Much of the world's stock markets rallied on Thursday, while the Vietnamese stock market was mixed. US stocks gained after a slew of earnings results from the big banks topped expectations, and new weekly jobless claims showed a larger-than-anticipated improvement to a pandemic-era low. The S&P 500 jumped by 1.7% in its best day since March. The Dow gained more than 500 points, or 1.6%. The Nasdaq also rallied by 1.7%, building on Wednesday's gains as Treasury yields fell further. The benchmark 10-year yield pulled back further to come in below 1.53% after topping 1.62% just earlier this week. Bank earnings continued on Thursday with companies including Bank of America (BAC), Wells Fargo (WFC) and Morgan Stanley (MS) posting quarterly results before the opening bell. Bank of America's profits soared by 58% over last year to $7.7 billion, with this sum boosted by the release of $1.1 billion in credit reserves that had been previously set aside to protect against potential customer d

A brief of world stock market on Friday (15/10/2021)(6:58 AM - 16/10/2021)

Most of the world stock markets rallied quite strongly on Friday, while the Vietnamese stock market was mixed. US stocks rose to post a robust weekly advance, with stronger-than-expected earnings and economic data helping lift the S&P 500 for a third consecutive day. The blue-chip index closed out the week higher by about 1.8% in its best one-week increase since July. A new report from the Commerce Department showed an unexpected rise in U.S. retail sales in September and helped further lift sentiment, with consumer spending holding up more strongly than expected even given the latest rise in prices and lingering virus-related impacts. Shares of big bank stocks including Bank of America (BAC), Citi (C) and Morgan Stanley (MS) ticked up during the pre-market session. The stocks had jumped a day earlier, after these banks posted much stronger-than-expected third-quarter earnings results. Peer banking titan Goldman Sachs (GS) also reported much stronger-than-expected earnings results