{
  "id": 11383320,
  "title": "KOSPI rebounds to close above 7,000 for 1st time in 5 sessions",
  "url": "https://urgent.news/2026/10/02/kospi-rebounds-to-close-above-7-000-for-1st-time-in-5-sessions-11383320",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T07:22:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/others/20261002/kospi-rebounds-to-close-above-7000-for-1st-time-in-5-sessions"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Korea Times reports that the KOSPI index rebounded to close above 7,000 for the first time in five sessions on Friday. The benchmark index opened 33.08 points, or 0.47 percent, lower at 6,938.27 but added 32.39 points, or 0.46 percent, to finish at 7,003.74. Early selling was attributed to profit-taking ahead of the National Foundation Day holiday and caution over U.S. Treasury yields. However, buying interest later recovered, supported by an overnight rise in U.S. AI and semiconductor shares following Micron’s strong earnings. Analysts noted that the market paused after the previous day's rally with little fresh news from Wall Street, and a Federal Reserve official's reluctance to rush into further rate hikes offered relief to sentiment.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "KOSPI rebounds to close above 7,000 for 1st time in 5 sessions",
        "url": "https://urgent.news/2026/10/02/kospi-rebounds-to-close-above-7-000-for-1st-time-in-5-sessions",
        "published": "2026-10-02T07:07:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}