[2026-07-10] Korea Stock Market Morning Preview | KOSPI Eyes 7,300 as Nasdaq Surges, SK Hynix US ADR Debut
📌 One-Line Summary Wall Street rallied overnight with the Nasdaq jumping +1.30% on tech strength, and with SK Hynix set to debut its US ADR today (local time), a semiconductor-led rebound is expected in Seoul. However, an elevated USD/KRW above 1,500 and lofty index levels are likely to cap the upside, pointing to a volatile session. 🌙 Overnight Markets US equities closed higher across all three major indices overnight, led decisively by technology names. The Nasdaq surged +1.30% to 26,206.89, signaling a clear recovery in risk appetite around the AI and semiconductor complex. This constructive backdrop — combined with Samsung Electronics' strong earnings and the SK Hynix US American Depositary Receipt (ADR) listing scheduled for today — could act as a favorable catalyst for Korea's large-cap chipmakers. Index Close Change S&P 500 7,543.64 +0.81% Nasdaq 26,206.89 +1.30% Dow Jones 52,487.41 +0.27% The Dow's modest +0.27% gain versus the outperformance of the Nas...