Amid the strong performance of technology stocks on the U.S. New York stock market overnight, the KOSPI index opened higher on the 14th. The KOSDAQ index is showing a slight decline.
As of 9:09 a.m. on that day, the KOSPI index recorded 2,629.40, up 20.98 points (0.80%) compared to the previous transaction day. The KOSPI index opened at 2,625.36, up 16.94 points (0.65%) from the previous transaction.
The leading stocks by market capitalization are showing a mixed performance. Samsung Electronics and SK hynix, the top semiconductor stocks, are up 1.23% and 3.27%, respectively. Preferred shares of Samsung Electronics, known as Samsung Electronics preferred, are up 1.06%.
Hanwha Aerospace, HD Hyundai Heavy Industries, and KB Financial are also seeing their stock prices rise. On the other hand, LG Energy Solution, Samsung Biologics, Hyundai Motor, and Kia are experiencing a decline in their stock prices.
At the same time, the KOSDAQ index is trading at 729.15, down 2.57 points (0.37%). The KOSDAQ index opened at 732.20, up 0.32 points (0.04%) compared to the previous transaction day.
Among the top 10 stocks by market capitalization, Rainbow Robotics and PharmaResearch are seeing their stock prices rise. In contrast, Alteogen, ECOPRO BM, HLB, Ecopro, Peptron, HUGEL, CLASSYS, and LigaChem Biosciences are experiencing a decline in their stock prices.
On the 13th (local time), the three major indexes on the U.S. New York stock market showed a mixed performance. Technology stocks closed strong following a large-scale delivery announcement from NVIDIA. On that day, the large-cap focused Standard & Poor's (S&P) 500 index recorded 5,886.55, up 42.36 points (0.72%) from the previous close. The annual revenue of the S&P 500 turned positive.
The Dow Jones Industrial Average, focused on blue-chip stocks, closed at 42,140.43, down 269.67 points (0.64%) compared to the previous day. The Nasdaq index, centered on technology stocks, closed at 19,010.08, up 301.74 points (1.61%) from the previous close.
Goldman Sachs noted, "Reflecting the reduction in tariffs, strengthening economic recovery, and easing recession risks, we are revising our year-end forecast for the S&P 500 index and corporate performance outlook upward," raising the estimate from 5,900 to 6,100.
On that day, technology stocks showed strong performance. The windfall from NVIDIA appears to have stimulated investor sentiment. NVIDIA announced plans to sell over 18,000 units of its latest AI chip, 'GB300 Blackwell,' to the Saudi company Human. NVIDIA's stock price rose by 5.63%. Meta (2.92%) and Amazon (1.37%) also showed strength.
The Consumer Price Index (CPI) for April announced that day fell below market expectations. According to the U.S. Department of Labor, the April CPI rose 0.2% compared to the previous month. This is a rebound from the -0.1% increase in March. Compared to the same month last year, it increased by 2.3%, showing a gentler rise compared to March's 2.4%. The core CPI rose 0.2% compared to the previous month, a slight increase from March's 0.1%. Year-over-year, it rose 2.8%, maintaining the same level as the previous month. Although there were some rebounds in the April figures, overall, they fell below market expectations while being evaluated as satisfactory.
On that day, the won-dollar exchange rate started at 1,418.0 won, up 2.0 won from the previous transaction day. (The value of the won has declined.)