EWY is trading at $157.81, up 3.33%, as renewed AI optimism and easing oil prices lifted risk appetite.
- South Korea’s KOSPI rose 3.9% late morning; Samsung Electronics and SK hynix climbed, aided by foreign buying.
- Anthropic’s IPO filing and stronger-than-expected Q3 growth supported AI-related stocks.
- The rally was more pronounced in Korea, though U.S. markets also rose; the Fed’s upcoming decision remains a focus.