Ahead of Wednesday's market holiday for Election Day, the South Korea stock market had moved higher in three straight sessions, rallying more than 610 points or 7.7 percent in that span. Now at a fresh record closing high, the KOSPI sits just above the 8,800-point plateau although investors figure to lock in gains on Thursday.
The global forecast for the Asian markets is negative on rising oil prices and continuing hostilities in the Middle East. The European and U.S. markets were down and the Asian markets figure to follow suit.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.