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Seoul stocks open higher despite first Fed rate hike in over 3 years
Yonhap ENLO·KR · US·3 days ago
US equities ended the week mixed after the Federal Reserve raised interest rates, with the Dow down 1.69%, S&P 500 down 0.08%, and Nasdaq up 0.72%. The rate hike signals tightening monetary policy, pressuring rate-sensitive sectors while tech showed resilience. Uncertainty persists over the Fed's future path and economic impact.
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