The KOSPI index, which set a record for the first time in 3 years and 10 months the previous day, continues to show strength in the early trading.

On the 9th, the KOSPI and KOSDAQ indices are displayed on the status board of the Korea Exchange in Yeouido, Seoul. /Courtesy of Yonhap News Agency

As of 9:06 a.m. on the 10th, the KOSPI index recorded 3,143.80, up 10.06 points (0.32%) from the previous transaction day. In the securities market, individuals have purchased 177.9 billion won, while foreigners and institutions have sold 113.3 billion won and 59.4 billion won, respectively.

The KOSDAQ index is currently at 793.46, up 3.10 points (0.39%) from the previous day. In the KOSDAQ market, individuals are net buying 53.4 billion won, while foreigners and institutions are net selling 43.1 billion won and 9.3 billion won, respectively.

On the 9th (local time), the New York Stock Exchange closed higher. Nvidia led the big tech rally by becoming the first company to surpass a market capitalization of $4 trillion. The Federal Reserve meeting minutes released that day also fueled expectations for interest rate cuts.

The Dow Jones Industrial Average closed at 44,458.3, up 217.54 points (0.49%) from the previous transaction day. The S&P 500 index recorded a rise of 37.74 points (0.61%), reaching 6,263.26. The Nasdaq Composite index, centered on technology stocks, jumped 192.87 points (0.95%) to close at an all-time high of 26,611.34.

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