Time now for an in-depth look at the market news on this Friday.
And for that, I'm joined on the line by Mr. Daniel Yoo, global strategist at Yuanta Securities.
Mr. Yoo, good to have you back on.
As things settle down from the U.S. election, investors are still looking forward to new stimulus from the Biden administration. On Wall Street, the Dow and the S&P not moving much on Thursday but the Nasdaq had a solid gain. Obviously people are wondering whether valuations are too high. What's the story in the global market?
Today in Korea, stocks were up and down through the session, ultimately both main indices closing lower. Retail investors were big buyers, though. Tell us about the local markets.
We see now that Korea's exports in the first twenty days of this year are up about 11 percent from the same period last year. It's expected that they'll continue to improve this year despite the pandemic. Tell us more about the story in exports.