A brief of world stock market on Wednesday (27/10/2021)(7:17 AM - 28/10/2021)

Much of the world's stock markets fell slightly on Wednesday, while the Vietnamese stock market rallied sharply. The S&P 500 and Dow pulled back from record levels while the Nasdaq gained, as investors eyed a slew of stronger-than-expected earnings results from closely watched technology companies. The Nasdaq 100 set a record high. West Texas intermediate crude oil prices retreated after a recent run-up but remained near their highest level since 2014. Treasury yields sank across the curve, and the benchmark 10-year yield fell below 1.6%. Google's parent-company Alphabet (GOOG, GOOGL) reached a record high, rising in its best day since February after posting third-quarter revenues and earnings that topped consensus estimates. These results were fueled by a further rise in online advertising spending, especially among retailers on Google Search. YouTube and Google Cloud revenue growth, however, slowed compared to the prior quarter. And Microsoft (MSFT) posted quarterly results that e

A brief of world stock market on Monday (28/10/2021)(7:33 AM - 29/10/2021)

Much of the world's stock market rallied on Thursday, and Vietnam's stock market rallied. US stocks gained Thursday, with equities resuming advances even after a new print on U.S. economic activity came in weaker-than-expected. The Nasdaq Composite and S&P 500 each set record closing highs. Investors on Thursday digested some key new economic prints, including the first estimate of third-quarter U.S. gross domestic product (GDP) and weekly unemployment claims. The GDP report showed the economy decelerated to expand at the slowest rate in over one year for the July through September quarter, with the Delta variant and supply-side constraints capping economic activity. GDP rose at a 2.0% annualized rate, missing estimates for the 2.6% pace consensus economists anticipated. But even given this weakness, and some of the other tepid economic data seen as of late, equity investors have remained resilient and pushed stocks to record levels. "The market is right to look through some of t

A brief of world stock market on Thursday (29/10/2021)(7:59 AM - 30/10/2021)

Most of the world stock markets increased slightly, while the Vietnamese stock market increased sharply. US stocks ended at records on Friday as investors digested disappointing earnings results from Apple (AAPL) and Amazon (AMZN) that came during an otherwise solid quarterly reporting season from many major companies. The S&P 500 set record intraday and closing highs. The index posted monthly gain of more than 6.5% in October, or its best single-month advance since November 2020. The consumer discretionary, energy and information technology sectors outperformed during the month. The Nasdaq also eked out a fresh record level, even as a couple of heavily weighted technology giants saw shares dip. Amazon shares dropped after the e-commerce juggernaut missed third-quarter expectations and forecasted a jump in expenses in the fourth quarter due to supply chain disruptions and rising costs for labor, materials and freight. These factors are expected to generate "several billion dolla

A brief of world stock market on Monday (01/11/2021)(7:14 AM - 02/11/2021)

Most of the world stock market increased quite strongly on the first day of the week, while the Vietnamese stock market was mixed. US stocks touched records on Monday, with equities looking to build on gains after the S&P 500's best month since November 2020. The S&P 500, Dow and Nasdaq each set record intraday and closing levels. Investors headed into November trading with momentum from a record-setting October, when the S&P 500 logged its best monthly gain in nearly a year, powered higher by a combination of estimates-topping corporate profit results. And according to data from LPL Financial, November has marked the best month of the year for stocks over the past 10 years and since 1950. Fresh catalysts for the markets are due out later this week. Investors in the coming days will be eyeing a slew of new quarterly earnings results for companies from Clorox (CLX) to CVS Health Corp. (CVS), Lyft (LYFT) and Square (SQ), on the back of what has been an already historically strong ear