[2026-05-01] Korea Stock Market Morning Preview | Labor Day Holiday & FOMC Hold to Drive Next-Session Rebound Hopes
📌 One-Line Summary The Korean stock market is closed today (May 1) for Labor Day. Overnight, all three major US indices rallied after the Fed held rates at 3.75%, raising expectations for an oversold-driven technical rebound on the next trading day, Monday May 4. 🌙 Overnight Markets US equities closed broadly higher on April 30 (local time) as the April FOMC kept the Federal Funds Rate unchanged at 3.75% , easing hawkish concerns. The Dow Jones led gains with +1.62% , reclaiming the 49,000 level, while the S&P 500 and Nasdaq each advanced around 1%, signaling a swift recovery in risk appetite. The European Central Bank also held its main refinancing rate at 2.15% and the Bank of England maintained its policy rate at 3.75%, helping clear some of the global monetary policy uncertainty that had weighed on sentiment. Index Close Change Dow Jones 49,652.14 +1.62% S&P 500 7,209.01 +1.02% Nasdaq 24,892.31 +0.89% However, the Korean market cannot immediately reflect the overnight US ...