Growing expectations for the AI industry and inflow of bargain hunting funds drove the stock market rebound; however, unexpected discussions of possible rate hikes in the FOMC minutes dampened investor sentiment and increased volatility.
After closing yesterday at 5,507 points with a 0.28% drop, increased volatility is anticipated ahead of the Lunar New Year holiday.
Global financial markets are expected to experience volatility following the U.S. announcement, while major domestic corporate earnings reports are approaching the final stages.
Foreign investors increased their sell-offs intraday, while institutional investors continued a six-day streak of net purchases, and individual investors reverted to net buying after five days.
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