The South Korea stock market ended a two-day winning streak, with the KOSPI slipping 0.55% to close just above 2,520 points. Financial shares fell, but technology and automobile sectors provided support. The global market forecast is optimistic, with European markets down and U.S. bourses up. Wall Street saw major averages finish in the green, with the Dow climbing 0.28%, NASDAQ up 0.63%, and S&P 500 improving 0.57%. The Federal Reserve plans to gradually lower interest rates, according to meeting minutes. Oil prices dropped on reports of a potential Israel-Hezbollah cease-fire, closing at $68.77 a barrel.
Read more at Nasdaq: Rebound Tipped For South Korea Stock Market
