The Sports concept includes major US-listed companies that offer sporting goods.
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Trump's "tariff club" has crashed the Vietnamese stock market! Nike, Adidas, and Puma's stock prices have collectively plummeted.
The Vietnam VN Index dropped sharply by 6.7% on Thursday, marking the largest single-day decline since 2001. Nike's stock fell over 11% in Pre-Market Trading, while other American companies that rely on Vietnam's manufacturing, such as Adidas and Puma, also saw their stock prices plummet. Tariffs are expected to have a serious impact on the Vietnamese economy; however, in the face of Trump's tariff policies, the Vietnamese government still maintains its economic growth target of at least 8% for this year.
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