The South Korea stock market has declined for three consecutive sessions, with the KOSPI dropping nearly 100 points. The global forecast for Asian markets is weak, particularly for technology stocks. On Wednesday, the KOSPI closed lower at 3,130.09 points, with mixed performances from financial, technology, and industrial sectors. Major US indexes finished mixed, with the Dow up slightly, NASDAQ down, and S&P 500 closing lower. Traders are cautious ahead of Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium. Crude oil prices rose after a significant decrease in US inventories.
Read more at Nasdaq: KOSPI May Extend Losing Streak
