Seoul shares open lower on inflation woes
Résumé détaillé
SEOUL, Nov. 11 (Yonhap) -- Seoul shares opened lower Wednesday, tracking overnig...
SEOUL, Nov. 11 (Yonhap) -- Seoul shares opened lower Wednesday, tracking overnight losses on Wall Street, as investors remained cautious amid concerns that hotter-than-expected U.S. inflation could prompt rate hikes down the road.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 29.42 points, or 0.56 percent, to 5,209.71 at the opening bell.
On Tuesday, the index gained 4.39 percent, buoyed by a rally in U.S. technology stocks and falling oil prices.
Overnight, the Dow Jones Industrial Average dropped 0.3 percent, and the tech-heavy Nasdaq Composite declined 0.74 percent.
U.S. consumer prices rose at a higher-than-expected rate of 0.3 percent in October from the previous month, stoking concerns that the Federal Reserve could pursue a more aggressive monetary tightening policy to curb inflation.
Début de l'article, extrait de Yonhap. Pour lire la suite, ouvrez l'article chez le média.
MarketNews présente le titre et le résumé publiés par le média. L'article complet se lit sur le site de l'éditeur. (en.yna.co.kr)
