South Korean Shares Post Biggest Gain in Six Weeks
South Korean shares rebounded more than 3% on Wednesday, with the KOSPI closing up 182.92 points, as chipmakers rebounded.
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South Korean shares rebounded more than 3% on Wednesday, with the KOSPI closing up 182.92 points, as chipmakers rebounded.
SpaceX reported third-quarter 2026 revenue of $14.6 billion, up 161% year over year, and net income of $4.4 billion versus a $1.1 billion loss a year earlier. Adjusted EBITDA was $8.8 billion, up 306% from $2.2 billion.
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.