The South Korea stock market rebounded on Thursday, with the KOSPI gaining 1.92 percent to close above 4,000 points. Technology and steel stocks led the way, while auto and financial sectors lagged. Global markets are soft amid concerns about interest rates, with European markets up and U.S. bourses down. Wall Street saw major averages finish lower, with the Dow dropping 0.84 percent, the NASDAQ falling 2.15 percent, and the S&P 500 declining 1.56 percent. The downturn was driven by concerns about interest rates following a strong jobs report. Crude oil prices edged lower as reports of efforts to end the Russia-Ukraine war emerged.

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