From Nasdaq Inc.: 2024-05-29 19:03:14

The South Korea stock market has dropped almost 50 points over the past two days, with the KOSPI sitting just above the 2,675-point mark. Global markets are expected to be negative due to concerns over treasury yields and interest rates. On Wednesday, the KOSPI fell 45.55 points to finish at 2,677.30, with declines seen in the technology, chemical, and automobile sectors. Wall Street also closed lower, with the Dow losing 411.32 points. Treasury yields continue to rise, leading to concerns about interest rates and inflation, while crude oil prices fell on Wednesday over similar concerns.



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