South Korea stock market rebounded, but global market forecast is negative

From Nasdaq.: 2025-05-21 19:02:00

The South Korea stock market rebounded slightly on Wednesday, with the KOSPI index gaining 0.91 percent to close at 2,625.58 points. The global market forecast is negative due to concerns over rising bond yields. Major U.S. indices ended lower, with the Dow falling 1.91 percent. Bond yields are climbing, with the 30-year bond yield surpassing 5 percent. President Trump’s tax bill may add $2.5 trillion to the federal debt. Crude oil prices dropped after U.S. inventories unexpectedly increased. The Asian markets are expected to open under pressure on Thursday.



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