South Korea stock market fell after consecutive gains, but global markets show positive outlook

From Nasdaq: 2025-03-09 18:59:31

The South Korea stock market ended lower on Friday after two days of gains, with the KOSPI dropping 0.49 percent to finish at 2,563.48. Financial shares fell, while chemical companies saw gains. The global market forecast is positive due to bargain hunting and improved interest rate outlook. Wall Street closed higher, with the Dow up 0.52 percent, NASDAQ up 0.70 percent, and S&P 500 up 0.55 percent. The Labor Department reported lower than expected job growth in the U.S., causing volatility. Crude oil prices rose to $67.04 a barrel. Federal Reserve Chair Powell remains cautious about interest rate adjustments.



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