Photo From Suria KLCC
Wall Street Rebound: Despite an early slump, markets recovered after President Trump announced a pause on Mexico tariffs.
• Dow: -0.3%
• S&P 500: -0.8%
• Nasdaq: -1.2%
• Europe: Stocks declined due to Trump’s tariff threats on the EU and UK.
• Asia: Markets tumbled on trade war fears.
• Nikkei: -2.7%
• Kospi: -2.5%
• Hang Seng: Flat
• China: Closed for Lunar New Year
Consolidation Expected: Limited upside due to a lack of fresh catalysts and persistent foreign fund outflows.
Key Risks: Global trade war fears and heightened market volatility.
Potential Positives: Tariff pause on Mexico and Canada may provide temporary relief.
• Upcoming Data to Watch:
• PMI Data (US, Europe, China)
• US Jobs Report (Friday)
Potential Gainers:
• Utilities & Construction: Bargain hunting may continue after the pre-holiday sell-off.
• Hospital Operators & REITs: Defensive stocks may attract buying amid volatility.
• Overall Strategy: Investors may take a cautious stance, with some positioning in defensive sectors.
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