[2026-05-11] Korea Stock Market Morning Preview | KOSPI Eyes 7,500 Breakout on US Tech Rally
📌 One-Line Summary Backed by Friday's Nasdaq +1.71% rally, a Philadelphia Semiconductor Index surge of more than 4%, and a stable USD/KRW rate around 1,460, the KOSPI is expected to attempt a breakout above the psychological 7,500 mark. However, record-high fatigue and a record KRW 36 trillion in retail margin debt remain double-edged variables. 🌙 Overnight Markets US equities ended last Friday's session (May 8, local) near record highs as the technology complex extended its leadership. Hopes for a US-Iran ceasefire and stabilizing oil prices fueled risk-on sentiment, while the Philadelphia Semiconductor Index jumped over 4% and Micron soared more than 11%, underscoring a sharply differentiated rally in chips. This setup is expected to provide a direct tailwind for Korean semiconductor heavyweights such as SK Hynix and Samsung Electronics, with foreign buying likely to continue. Index Close Change S&P 500 7,398.93 +0.84% NASDAQ 26,247.08 +1.71% Dow Jones 49,609...