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Seoul Shares Open Higher as US Bond Yields Retreat

Summary by The Korea Times
Seoul shares opened higher Thursday, tracking overnight gains on Wall Street as U.S. Treasury yields eased on plans for increased debt buybacks. After opening 3.23 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) pared some of its early gains, adding 197.28 points, or 3.05 percent, to 6,668.45 as of 9:15 a.m. The index plunged nearly 6 percent the previous session on tech sell-offs amid woes over rising bond yields. Overni…

8 Articles

Right

Market returns to positive territory as Besant plan eases bond yields - Fed, inflation and Middle East concerns capped gains, however

·Marousi, Greece
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Center

Increased repurchases of long-term bonds led to the sharpest decline in the 30-year yield since October 2025 and gave a tailwind to stocks • Moderna jumped on results in a cancer vaccine trial, tech giants recovered • Fed minutes revealed: Committee members are considering another interest rate hike if inflation remains sticky ● Gold and oil prices record sharp increases ● Massive shorting sent Bitcoin beyond $68,000

US stocks rebounded after a sell-off in technology-focused markets. The pullback in multi-year bond yields boosted risk appetite, and positive clinical data from Moderna and Merck were in the spotlight. As of 3:50 PM GMT, the Dow Jones Industrial Average rose 119.94 points (0.22%) to 53,463.34; the S&P 500 gained 28.48 points (+0.37%) to 7,720.24; and the Nasdaq Composite advanced 67.17 points (+0.26%) to 26,356.89. Key market developments inclu…

·Türkiye
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Globes broke the news on Wednesday, August 19, 2026.
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