The South Korea stock market rebounded on Tuesday after a two-day decline, with the KOSPI finishing just below 3,860 points. The global forecast for Asian markets is positive due to an improved outlook for interest rates, with European and U.S. markets also up. The KOSPI gained 0.30 percent, with financial and technology stocks leading the way. The Dow, NASDAQ, and S&P 500 all ended higher on Wall Street, reflecting renewed optimism about interest rates. Crude oil prices fell on Tuesday amid reports of a revised Russia-Ukraine peace plan.

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