CNBC Daily Open reports on global market movements, highlighting the rise of South Korea's Kospi, fueled by Samsung Electronics' surge. The report also discusses concerns over inflation, particularly in the service sector, and the impact of potential ports strikes and tariffs.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. South Korea's Kospi rose 1.3%. It was boosted by shares of Samsung Electronics, which climbed around 3.6% even as the companyto"restore free expression" and move to a"Community Notes" model, similar to the system on Elon Musk's platform X.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly That might only be the start of an unwelcome upward trend. Miller attributes some of the expansion in service activity to"risk management for impacts from ports strikes and potential tariffs" — both of which generate inflationary pressures.to 4.699% during the U.S. trading day, the highest level since April 26. They also dialed down their expectations for a 25 basis points rate cut at the U.S. Federal Reserve's January meeting, pricing in a 4.
Global Markets Samsung Inflation Service Sector Ports Strikes
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