The South Korea stock market has declined in two consecutive sessions, dropping almost 40 points or 1.4 percent. The KOSPI closed at 2,456.81 after financial, technology, and chemical sectors faced losses. The market is expected to open under pressure again today due to a soft global forecast ahead of the FOMC’s interest rate decision. The Dow, NASDAQ, and S&P 500 all closed lower on Wall Street, with technology stocks leading the decline. Oil prices also fell on concerns about global demand and excess supply in the market next year. Traders are awaiting the Federal Reserve’s monetary policy announcement today.

Read more at Nasdaq: South Korea Shares May Take Further Damage On Wednesday