economy
3 Ways the Pros Are Trading Markets Right Now, Including a Goldman Strategist on What's Next for Kospi
U.S. futures unchanged amid Iran talks as strategists highlight emerging markets, Korea stocks and non-AI plays in the U.K.
TL;DR
- U.S. futures are stable as investors monitor U.S.-Iran negotiations, following the S&P 500's record high.
- European equities are mixed, with oil and gas stocks outperforming due to elevated crude prices.
- South Korea's Kospi reached a new record high, propelled by chipmakers Samsung Electronics and SK Hynix.
- A weaker U.S. dollar is creating opportunities in emerging markets, with a long-term bearish view on the dollar.
- Goldman Sachs maintains a positive outlook on South Korea's Kospi, citing strong earnings growth and accelerating demand for memory chips.
- The FTSE 100 offers attractive opportunities away from the AI trade, with strengths in energy, mining, financial services, and pharmaceutical stocks.