(LEAD) Seoul shares snap 3-day rise amid U.S. rate pause outlook
newscatcher
2023-08-31 08:31
(LEAD) Seoul shares snap 3-day rise amid U.S. rate pause outlook
(LEAD) stocks-summary (ATTN: ADDS bond yields at bottom) SEOUL, Aug. 31 (Yonhap) -- South Korean stocks closed marginally lower Thursday, snapping a three-day winning streak, amid growing expectations the U.S. Federal Reserve may pause the interest rate hike after a set of fresh economic data signaled a cooling economy. The local currency inched up against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) fell 4.95 points, or 0.19 percent, to close at 2,556.27. Trading volume was moderate at 461.

https://n.news.naver.com/mnews/article/001/0014164184?sid=104

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