South Korea Financial Markets
A dealer walks near the screen showing the Korea Composite Stock Price Index (KOSPI) in a dealing room of Hana Bank in Seoul, South Korea, Wednesday, Oct. 28, 2026.
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Asian stocks are mostly higher as AI-related stocks boost benchmarks in Tokyo and Seoul ahead of quarterly earnings reports. U.S. futures edged higher and oil prices rose. Memory chipmakers SK Hynix and Samsung Electronics surged, recovering last week’s losses. New Zealand’s central bank surprised markets by keeping its benchmark interest rate on hold. On Tuesday, the majority of stocks within the S&P 500 fell, but gains for influential companies related to artificial-intelligence offset those losses. Treasury yields held relatively steady ahead of a decision on interest rates by the Federal Reserve. The S&P 500 rose 0.6% and the Nasdaq composite rose 1.2%. The Dow Jones Industrial Average edged up less than 0.1%.
