What happened?
In this week's Weekly Market Review in partnership with Securities Investors Association Singapore (SIAS), we discuss key developments in the global equity market and also share more about Mapletree Industrial Trust and Keppel DC REIT. Watch the video to learn more about what we are looking out for this week.
Weekly Market Review
2:00 - Macro Update
The US markets experienced volatility, with the S&P 500 declining by 1%.Losses were led by AI-related tech stocks, particularly chip manufacturers..Notably, NVIDIA faced a historic loss of $589 billion in market value on 27 Jan, the biggest one-day market cap loss in history.The decline was driven by the emergence of DeepSeek, a Chinese AI startup that developed its R1 model at just $6 million.This was a fraction of the cost needed for training OpenAI's ChatGPT.This prompted investors to reassess the AI sector's capital requirements, contributing to the sell-off in...