The South Korea stock market has shown recent gains, with the KOSPI hovering just above 2,765 points. Global markets are holding steady ahead of the FOMC rate decision. On Monday, the KOSPI closed higher, led by financial, tech, and auto stocks. The index rose 1.23 percent to 2,765.53 points. In the US, major averages closed mixed and flat. Traders are cautious ahead of the Fed’s meeting this week, with focus on potential rate cuts. Crude oil prices dropped to a seven-week low on Monday due to China demand concerns and the upcoming OPEC meeting.

Read more at Nasdaq.: Little Movement Expected For South Korea Shares