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Stocks Extend Decline; South Korea Prime Minister Kim Min-seok

Stocks Extend Decline; South Korea Prime Minister Kim Min-seok

Published 3 months, 2 weeks ago
Description

Wall Street's torrid surge from April's meltdown is showing signs of exhaustion as stock traders await fresh catalysts amid risks stemming from a labor-market slowdown to sticky inflation.
While the S&P 500 has defied September's gloomy reputation as the worst month for equity returns, the gauge failed to gain traction on Wednesday. The market ebullience saw the index notching almost 30 records in 2025, eclipsing the average year-end analyst forecast and spurring calls for consolidation. For more, we turn to Rebecca Walser, President at Walser Wealth Management.

And, South Korea says investment projects in the US will remain in limbo until visa issues are resolved, in the wake of the Trump administration's immigration raid at a Hyundai-LG Energy battery plant in Georgia. South Korean Prime Minister Kim Min-seok sat down with Bloomberg's Shery Ahn in Seoul for an exclusive interview on the state of Korea-US relations, dealing with China & Japan, and the prospects of a Trump-Kim Jong Un meeting at next month's APEC summit in Gyeongju.

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