Daily Economic & Entertainment Briefing — Sep 23, 2026
U.S. markets extended their rally amid falling oil prices and easing geopolitical tensions, with the Nasdaq closing at 27,122. Domestically, political updates included presidential staff shake-ups and the push for a global AI hub. In entertainment, OTT content drew interest for the Chuseok holiday traffic, with no other major issues reported.
Daily Economic & Entertainment Briefing — Sep 23, 2026
Today's Economic & Stock Market Issues
- European and U.S. Markets: U.S. markets kicked off the week on Monday (the 21st) with a strong rally. The Nasdaq rose 2.26% to 27,122.094, the S&P 500 gained 1.49% to 7,764.7, and the Dow Jones advanced 0.71% to close around the 52,050 level. The Russell 2000 increased 0.52% to 2,875.

- Surge Background: Analysts attribute the risk-on sentiment to easing geopolitical tensions, falling U.S. Treasury yields, and a pullback in oil prices. Wall Street rebounded to levels nearing all-time highs, and global stock markets rose across the board.

- Domestic Market: On the 21st, the KOSPI opened up 44.11 points (0.64%) at 6,938.34, while the KOSDAQ started trading up 3.59 points (0.43%) at 830.71. The Seoul foreign exchange market recorded the USD/KRW exchange rate at 1,387.30 won as of 9:00 AM.

- Watchlist Factors: The market is reportedly keeping a close eye on the upcoming summit schedule between President Trump and Chinese President Xi Jinping.
Political & Policy Trends
- Presidential Office Personnel and Schedule: On the 21st, the presidential office held a conferment ceremony for Supreme Court justices (at 10:00 AM) and a senior secretaries meeting presided over by the President (at 2:00 PM). Schedules related to the Global AI Hub Promotion Committee were also carried out under the Prime Minister's Secretariat.
- Resignation Offer by Presidential Chief of Staff: Kim Hoon-shik, Chief of Staff to the President, offered his resignation to President Lee Jae-myung. The presidential office is reportedly reviewing the resignation carefully following a series of ministerial candidate withdrawals.
- K-Beauty Diplomacy: Major domestic cosmetic companies are participating back-to-back in economic and cultural events linked to the president's overseas schedule, expanding their reach beyond the U.S. into the Mexican market.
Major Entertainment News
- Chuseok Holiday OTT Content: This year's Chuseok holiday spans four days, shorter than last year's seven days. With an estimated 10-hour drive from Seoul to Busan, OTT content to watch during traffic jams is drawing attention.

- Overseas Entertainment: Reports highlighted that motion capture scenes from the Indian movie "Raaka" were released, drawing attention.
- Others: No additional verifiable major issues in the domestic entertainment industry were confirmed for today.
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