Tag - Korea-US Stocks

Seoul stocks open higher on US gains ahead of rate decisions

South Korean shares opened higher Monday, tracking gains on Wall Street ahead of this week’s rate decision in Seoul and Washington. The benchmark Korea Composite Stock Price Index rose 4.83 points, or 0.24 percent, to 2,029.52 in the first 15 minutes of trading. The main index tracked overnight gains on Wall Street. The Dow Jones industrial average rose 0.72 percent, with the tech-heavy Nasdaq composite index climbing 0.50 percent. The stock markets rose as the parliament’s impeachment of President Park Geun-hye has [...]