Stocks ended a five-session winning streak Thursday as investor appetite for risky assets weakened after the Federal Reserve's comments about an earlier-than-expected timeline for a rate hike.
Seohak Ants, Korean retail investors who invest in foreign stocks, are rushing to meme shares.
Stocks hit a record for the third consecutive session Wednesday as investors scooped up blue-chip shares ahead of the release of the Federal Reserve's meeting results.
Stocks hit a record for the second straight day Tuesday, propelled by investors' optimism over the U.S. Federal Reserve meeting this week.
Stocks closed at an all-time high Monday as investors expect the U.S. Federal Reserve to reiterate its support for accommodative policies in this week's monetary policy meeting.
Donghak Ants, the retail investors who rushed to stocks starting last year in a frenzy of buying, have been getting crushed lately.
Stocks rebounded Thursday as foreign investors bought heavily.
Stocks retreated for second straight day on Wednesday as investors took to the sidelines ahead of the release of U.S. consumer price data that may give more clues about the Federal Reserve's next move.
Stocks closed Tuesday after choppy trading, as increased valuation pressure offset hopes of a fast economic recovery.
The stock market closed at an all-time high Monday as weaker-than-expected U.S. jobs data helped ease concerns over the potential rollback of the country's expansive monetary policy.