Seoul stocks open lower, KOSPI down 0.95% to 6,846.54, despite US rally as investors await Fed clues
Seoul stocks opened lower Friday, with the benchmark Korea Composite Stock Price Index (KOSPI) falling 0.95% to 6,846.54, bucking overnight gains on Wall Street. Major US indexes closed higher, with the S&P 500 adding 0.72% and the tech-heavy Nasdaq jumping 1.57%. Investors are sitting on the sidelines ahead of the Jackson Hole meeting, which is expected to provide clues on the Federal Reserve's rate policy.
Source:Korea Herald商业 · Source Link
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