The South Korea stock market has moved higher in nine straight sessions, accelerating more than 500 points or 11.3 percent in that span. Now at a fresh record closing high, the KOSPI sits just above the 4,720-point plateau and it's way overdue for consolidation on Thursday.
The global forecast for the largely overbought Asian markets is negative thanks to geopolitical concerns, with tech shares likely to lead the way lower. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.