South Korean stocks open sharply higher in Seoul on Wednesday as investors look ahead to upcoming earnings from Meta Platforms. The Korea Composite Stock Price Index (KOSPI) rises 113.60 points, or 2.05%, to 5,666.34 at the opening bell, rebounding after a nearly 4% decline in the previous session.
Overnight, US markets finish mixed: the Dow Jones Industrial Average gains 1.02%, while the Nasdaq Composite edges down 0.02%. Several outlets link the rebound to renewed interest in technology shares, supported by strong earnings from some tech companies. At the same time, investors continue to monitor concerns that investment in artificial intelligence infrastructure may weigh on profitability for major players.
With Meta’s results and other technology earnings scheduled for the week, market participants shift attention to how companies report performance, including any signals about the financial outlook for AI-related spending.
