South Korean stocks closed higher for the fifth-straight session Wednesday and at the highest in over three months amid expectations that the US Federal Reserve will start its rate-cutting cycle next year. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index gained 45.75 points, or 1.78 percent, to close at 2,614.30, the highest since September 15 when the comparable figure w.
The major U.S. index futures are currently pointing to a modestly lower open on Wednesday, with stocks likely to give back ground after moving notably higher in recent sessions.
The major U.S. index futures are currently pointing to a modestly lower open on Wednesday, with stocks likely to give back ground after moving notably higher in recent sessions.