Time for an in-depth look at the market action today.
We're joined on the line by Daniel Yoo, Global Strategist at Yuanta Securities.
Mr. Yoo it's great to have you with us.
Let's start with the first virtual summit between U.S. President Joe Biden and his Chinese counterpart.
Washington and Beijing have been at loggerheads on a number of contentious issues.
And it appears they covered an array of topics.
Staying with the summit.
There's a lot of attention on semiconductor-related issues.
Government intervention or involvement can and will affect some major moves by big names in the industry.
How would these developments affect Korean chipmakers?
Over in the U.S.
Inflation concerns linger.
The yield on the benchmark 10-year Treasury note jumped.
What's your overall assessment of the global market today?
As for Korean stocks.
The Washington-Beijing summit would have played a key contributing factor in the numbers.
There were some expectations of the meeting producing constructive results.
Do fill us in on the domestic market developments today.