KOSPI also failed to settle at the 2,800 level due

[Daishin Securities Lee Kyung-min] Quantin Exhibition Plan: [What is the market next week?] AI Technology Technology Overheating. Creating a Circular Sales Environment

- KOSPI also failed to settle at the 2,800 level due to the adjustment of AI technology stocks in the U.S. market. However, it has secured short-term support at the 2,770.

- The reason for the Nasdaq technology adjustment is the burden of overheating AI technology. After achieving the No. 1 market capitalization of Nvidia, the burden of valuation increases, and the news of CEO Jensen Huang's stock sale.

- Liquidity environment remains favorable. Foreign net buying flows in by maintaining the interest rate on 10-year U.S. bonds at 4.2%, securing support for 2,760 KOSPI.

- The bond rate is expected to stabilize below 4.2% when PCE prices, personal consumption slows, and employment slows next week.

- Major economic indicators are scheduled to be released next week, and the economic slowdown can be confirmed. Interest rate cuts are expected when FOMC's minutes are released to confirm easing stance.

- Lower bond rates and pressure to strengthen the dollar truly strengthen the KOSPI's upward momentum, and attempt to recover to the 2,800-point level. The possibility of undervalued growth stocks highlighted attractiveness.