{
  "id": 16541846,
  "title": "Seoul stocks open lower ahead of earnings reports, Fed decision",
  "url": "https://urgent.news/2026/10/26/seoul-stocks-open-lower-ahead-of-earnings-reports-fed-decision-16541846",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T01:17:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261026/seoul-stocks-open-lower-ahead-of-earnings-reports-fed-decision"
  },
  "original_language": "en",
  "account": "Korean stocks started the trading day lower on Monday, with investors anticipating third-quarter earnings from leading chipmakers and the U.S. Federal Reserve's upcoming decision on monetary policy as oil prices climbed. The benchmark Korea Composite Stock Price Index (KOSPI) began the day 0.92 percent lower but later recovered to finish 0.46 percent down at 5,524.85 points by 9:15 a.m. On Friday, the index had risen by 0.3 percent, but during the week, it had dropped 2.08 percent due to substantial foreign selling and fluctuations in semiconductor shares.\n\nInvestors are eagerly awaiting earnings reports from SK hynix on Wednesday and Samsung Electronics on Thursday, hoping to gain insights into the future of artificial intelligence (AI) chip demand and memory prices. Additionally, traders are closely monitoring the Federal Reserve's two-day policy meeting, scheduled to begin on Tuesday (U.S. time). Financial experts widely expect the central bank to maintain interest rates because of ongoing inflationary pressures.\n\nOn Friday, Wall Street experienced a decline, also driven by higher oil prices and lingering doubts about the profitability of substantial investments in artificial intelligence. Oil prices experienced a slight decrease.",
  "summary": "Korean stocks opened lower Monday as investors awaited third-quarter earnings from major chipmakers and the U.S. Federal Reserve's monetary policy decision later this week amid rising oil prices. After opening 0.92 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) pared its earlier losses to trade down 24.45 points, or 0.46 percent, to 5,524.85 as of 9:15 a.m. The index…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul stocks open lower ahead of earnings reports, Fed decision",
        "url": "https://urgent.news/2026/10/26/urgent-seoul-stocks-open-lower-ahead-of-earnings-reports-fed-decision",
        "published": "2026-10-26T00:01:17.000Z"
      }
    ]
  },
  "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."
}