[Photo] Minimal Impact of US Interest Rate Cut on Domestic Stock Market

Despite the Federal Reserve's 'big cut'?a 0.5% reduction in the benchmark interest rate for the first time in 4 years and 6 months?concerns over an economic recession remain, leading to a broad decline in the New York stock market. After the Chuseok holiday, on the 19th, the KOSPI opened at 2,594 points, up 17 points, but then slightly declined, while the KOSDAQ maintained a slight upward trend. Employees are working in the dealing room at the Seoul Hana Bank headquarters.