Time now for a in-depth look at the market news this afternoon.
And for that, I'm joined on the line by Mr. Daniel Yoo, global strategist at Yuanta Securities.
Mr. Yoo, thank you as always for coming on.
On Wall Street, the Nasdaq has seen an incredible rally in the past few months, much like Korea's Kosdaq. But overnight it was the biggest loser of the big three indices, down more than 2 percent. What's the story in the global markets?
Korean stocks down today too, both the Kospi and the Kosdaq. What happened in the domestic markets?
We're watching now to see what the oil producing countries decide to do later this week in terms of increasing output. Ahead of that, oil prices are down about 1 percent. What's your outlook for oil?