NewsSOS
KOSPI 200 futures settled at 1,025.1, down 1.6%, after concern over potential interest rate hikes outweighed gains from Nvidia and kept global equity markets in negative territory. The S&P 500 slipped 0.2% to 7,723.6.
Brent crude added 0.1% to $79.45 a barrel. Rate fears carry more weight than Nvidia's session gains Nvidia (NVDA) posted gains on the day, but rate-hike concern proved the dominant factor, the release shows.
Both the S&P 500 and KOSPI 200 futures closed lower as a result. The S&P 500 settled at 7,723.6, off 0.2%. KOSPI 200 futures posted the steeper move, closing at 1,025.1, a 1.6% decline.
The release attributes the session's direction to rate expectations, with Nvidia gains cited as the main partial offset that still fell short. No volume data for the Nvidia move appeared in the release.
Keep reading