South Korea leads 2024 market gains as US stocks open mixed
South Korea’s equity market posted its strongest performance of the year, driven by a rebound in semiconductor stocks, while the United States’ major exchanges opened with mixed results amid continuing uncertainty in the Middle East.
In the United States, Wall Street opened cautiously on July 10. Despite the tentative start, American large banks reported record earnings from their operations in China, although analysts remain skeptical about the country’s long‑term economic outlook. The overall sentiment reflected cautious optimism in global markets.
Both reports were published by the Swedish news outlet DI on July 9 and July 10, covering the latest movements in Asian and American stock markets.