---
title: "Overseas Markets | Nasdaq Hits New High, South Korean Stock Market Soars"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40451575.md"
description: "The Nasdaq rose 1.03%, the S&P 500 gained 0.81%, the Dow Jones increased 0.73%, and the Golden Dragon Index edged up 0.12%. Boosted by news of the US and Iran maintaining a ceasefire and a drop in oil prices, the S&P 500 and Nasdaq hit new all-time highs again, with market risk appetite recovering. Chinese concept stocks were mixed, with GDS Holdings up 4.48% and KE Holdings up 3.84%. In early Asia-Pacific trading, South Korea's KOSPI surged over 5% at one point, breaking through 7300 points to set a new record high. Japanese markets were closed for a holiday, while spot gold in London once again surpassed $4600. US corporate earnings resilience supports the index's new highs..."
datetime: "2026-05-06T02:32:21.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40451575.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40451575.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40451575.md)
author: "[同壁财经](https://longbridge.com/en/profiles/26505347.md)"
---

# Overseas Markets | Nasdaq Hits New High, South Korean Stock Market Soars

The Nasdaq rose 1.03%, the S&P 500 rose 0.81%, the Dow Jones rose 0.73%, and the Golden Dragon Index rose slightly by 0.12%. Boosted by news of the US and Iran maintaining the ceasefire and falling oil prices, the S&P 500 and Nasdaq hit new all-time highs again, with market risk appetite recovering.  
Chinese concept stocks were mixed, with GDS Holdings rising 4.48% and KE Holdings rising 3.84%. In early Asia-Pacific trading, South Korea's KOSPI surged over 5%, breaking through 7300 points to set a new record high. Japanese stocks were closed for a holiday. Spot gold in London broke through $4600 again.  
The resilience of US corporate earnings supports new highs for the indices. However, in a high-interest-rate environment, we need to be wary of valuation pullback risks. Gold is subject to short-term fluctuations from geopolitical tensions, but its medium- to long-term allocation logic remains unchanged. It is recommended to pay attention to inflation data for guidance.

Related ETFs:  
Global Tech Leaders: Nasdaq ETF Huaxia (513300)  
US Core Broad Market: S&P 500 ETF Huaxia (159655)  
Tracking Gold Price: Gold ETF Huaxia (518850)

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