Seoul stocks open at fresh record high despite hawkish Fed, Iran uncertainty (opens original article in a new tab)

Seoul stocks opened at a record high on Thursday, rising 0.23% to 8,884.92 despite concerns over potential U.S. rate hikes and Middle East tensions. U.S. tech stocks declined following the Fed's signals, while the KOSPI faces short-term correction pressure according to analysts.

• Seoul stocks opened at a record high despite U.S. Fed's rate hike signal and Iran uncertainty
• KOSPI rose 0.23% to 8,884.92
• U.S. tech shares fell after Fed Chair hinted at possible rate hike