Latest Global Business News

New Korean President Moon Jae-in brings positive vibe to stock markets

 
American shares closed lower on Thursday... as retail stocks plunged.
Korean shares continued to rally on the back of mounting hopes that the Moon Jae-in administration will introduce new stimulus measures to prop up the economy.
 
With that,... let's get a recap of yesterday's closing figures.
The Dow dropped zero-point-one percent.
The S&P 500 closed down zero-point-two percent... and the Nasdaq also lost roughly zero-point-two percent.
 
Korea's benchmark Kospi was on the verge of breaching the 23-hundred level on Thursday,... closing at 22-hundred-96,... up more than one percent from the previous trading session.
 
moonjaein brings positive vibe to stockmarkets
 

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