Asian stocks opened cautiously amid mixed performance on Wall Street.

Asian-Pacific markets opened cautiously as investors awaited earnings reports from listed companies to assess the impact of US tariffs and other economic data expected this week. Additionally, investors are closely monitoring trade negotiations between the US and countries in the region.

Performance of the South Korean Kospi index

Accordingly, Australia's S&P/ASX 200 index opened up 0.38%. Meanwhile, in South Korea, the Kospi index fell 0.13% while the small-cap Kosdaq index rose 0.43%.

Hong Kong's Hang Seng index futures stood at 21,999, slightly higher than the HSI's most recent closing price of 21,971.96.

The Japanese market is closed due to a holiday.

US stock index futures showed little change, after all three major Wall Street indices experienced a volatile trading session on Monday, closing with mixed gains and losses.

Specifically, the S&P 500 edged up 0.06% to close at 5,528.75 points. This marked the index's fifth consecutive day of gains. Despite this fifth consecutive day of gains, the S&P 500 remains approximately 10% below its record high in February as investors search for clues about the extent of the damage caused by tariffs.

The Dow Jones also rose 114.09 points, or 0.28%, closing at 40,227.59 points. Meanwhile, the Nasdaq Composite fell 0.1% and closed at 17,366.13 points.

Shares of the four companies in the “Magnificent Seven” group – Amazon, Apple, Meta Platforms, and Microsoft – came under pressure in trading ahead of their quarterly earnings releases. Apple and Meta Platforms ended the session with modest gains, each rising about 0.4%; while Microsoft fell 0.2% and Amazon declined 0.7%.

The market has stabilized somewhat in recent weeks thanks to optimism about potential agreements between the US and its trading partners, particularly China.

However, the lack of clarity regarding US-China trade negotiations has left markets sensitive to every development. A majority of economists surveyed by Reuters said the risk of the global economy falling into recession this year is very high.

According to analysts, investors are currently closely monitoring the earnings reports of listed companies to assess the impact of tariff policies on the economy. Accordingly, 180 listed companies in the S&P 500 will report earnings this week.

“We’re going to have four Magnificent Seven reports this week, so it’s going to be a very important earnings week,” said Jack Ablin, chief investment officer at Cresset Capital in Chicago. “I’m keen to hear any guidance on the future, and it will be interesting to hear some of these CEOs talk about how they are planning to navigate the potential trade war.”

Investors will also be analyzing key economic data, including the personal consumption expenditures price index and a range of labor market data, culminating in the US April jobs report expected to be released on Friday.

Source: https://thoibaonganhang.vn/chung-khoan-chau-a-mo-cua-trong-than-trong-khi-pho-wall-bien-dong-trai-chieu-163498.html