Daily Briefing (English)

2026-10-10 · KOSPI & Nasdaq
Headline

Weekend Market Review: Rate Caution and Next Week's Earnings & Inflation Inflection Point

Key Takeaways
  • Domestic equity markets closed lower on the most recent trading session (2026-10-08) amid rising global bond yields and semiconductor peak-out concerns, and remain closed for the Hangul Day and weekend holiday.
  • US markets showed mixed performance led by the Nasdaq in the latest session, driven by profit-taking in AI tech stocks alongside monetary policy caution.
  • Market participants are focused on next week's release of US September CPI data and the kickoff of Q3 corporate earnings results.
Highlights

KOSPI

Closed for the weekend (last close 6,625.93, -2.62% on 2026-10-08). With the surge in US 10-year Treasury yields and foreign selling in semiconductor heavyweights, defending the 6,600 level will be a key focal point when markets reopen next week.

Highlights

KOSDAQ

Closed for the weekend (last close 892.27, -0.69% on 2026-10-08). Below the 900 mark amid wait-and-see sentiment across small-and-mid-cap tech and the EV battery value chain, the index is poised to seek directional cues next week.

Highlights

NASDAQ

Latest session close 27,366.17 (+0.64%). Delivered modest gains as continued AI demand momentum among mega-cap tech balanced against persistent uncertainty regarding further Federal Reserve tightening.

Today's Watchlist
  • Reassessment of the Fed's monetary policy path via the US September CPI and PPI releases
  • Confirmation of corporate earnings fundamentals as Q3 earnings season kicks off for major US financial and mega-cap tech firms
  • Direction of foreign capital flows contingent on the trajectory of US 10-year Treasury yields and stabilization of the USD/KRW exchange rate in the 1,340s
Risk Note

Valuation pressures may intensify if crude oil prices rebound and US Treasury yields remain elevated, with short-term volatility likely to increase depending on shifts in earnings guidance across semiconductor and major tech names.

Last updated: 2026-10-10 16:00:29