Morning briefing re-election D1 all-out battle… US stock market breaks high

[모닝브리핑]  Re-election D-1, all-out war between opposition parties... US stock market breaks high

◆ Re-election D-1, the last all-out battle to catch the votes of the opposition and opposition parties

On the 6th, the last day of the 4·7 re-election campaign, the ruling and opposition parties will take their final votes in Seoul and Busan. In addition, the Democratic Party is in the last minute pursuit with a’personalism’ that focuses its firepower on the suspicion of the other candidate’s identity, and the power of the people is a strategy to solidify into the’regime judgment theory’ that defines the Moon Jae-in government’s real estate policy as a mistake. . Leaders of both sides will be dispatched to the’Finale Campaign’ held on this day. The official campaign, which started at 0 o’clock on the 25th of last month, ends at 0 o’clock on the 7th.

◆ LG Electronics closes mobile phone business in 26 years

LG Electronics finally decided to end the mobile business on the 5th. It has been 26 years since the start of the mobile business. It has been more than two months since it announced that it would review all possibilities, including the sale of the business. LG Electronics held the board of directors on this day and decided to withdraw from the mobile business in charge of the MC business division on July 31st. LG Electronics explained that the reason for the business suspension was “intensifying business competition and continued sluggish business,” and that “we will focus on our core business capabilities and improve business structure through internal resource efficiency.”

◆ New York Stock Markets ended higher on strong economic indicators… Dow S&P Highest

The New York Stock Market rose significantly, fueled by employment indicators released late last week and economic indicators released today. The Dow Jones 30 Industrial Average and the Standard & Poor’s (S&P) 500 index closed at all-time highs. On the 5th (Eastern Time), the Dow Jones 30 Industrial Average on the New York Stock Exchange (NYSE) ended at 33,527.19, up 373.98 points (1.13%) from the battlefield. The S&P500 index rose 58.04 points (1.44%) from the previous length to 4,077.91, while the technology stock-oriented NASDAQ index ended at 13,705.59, up 225.49 points (1.67%). The S&P 500 index broke the 4,000 mark for the first time last week, and again hit an all-time high on this day.

◆ International oil prices plunge due to concerns over increasing production of oil-producing countries and re-discussion of Iran’s nuclear agreement

International oil prices have plummeted by more than 4%. Futures for May delivery of Western Texas Crude Oil (WTI) on the 5th (local time) fell $2.80 (4.6%) compared to the battlefield to $58.65 per barrel. The North Sea Brent Oil June price was pushed back $2.71 (4.2%) to $62.15 a barrel. Both are the lowest since the 25th of last month. Oil prices appear to have received strong downward pressure on concerns over oversupply following news related to the resumption of Iran’s nuclear negotiations. According to Reuters, a high-level European diplomat said that the 2015 Iran nuclear agreement, which had been destroyed, could be re-concluded within two months.

Kim Tae-hyun, the suspect in the murder of Nowon's three mothers and daughters.  Photo = Yonhap News

Kim Tae-hyun, the suspect in the murder of Nowon’s three mothers and daughters. Photo = Yonhap News

◆ Police reveal the three mother-in-law murderer of Nowon-gu… 24 years old Kim Tae-hyun

The personal information of Kim Tae-hyun (24), who was arrested for murdering three mothers and daughters in an apartment in Nowon-gu, has been disclosed. On the afternoon of the 5th, the Seoul Police Agency held a deliberation committee on the disclosure of personal information, consisting of three internal police officers and four external members, and made this decision. The committee said that it was decided to disclose his personal information in consideration of the fact that Kim’s brutal crime caused social unrest, and public petitions regarding personal information disclosure were filed.

◆ Day-to-day difference in big weather… Central morning fine dust’bad’

On Tuesday, the 6th, there are many clouds all over the country, and from the afternoon, it will gradually clear up in the southern regions. The highest temperature during the day was forecast to be 15 to 21 degrees. The difference in temperature between day and night will be more than 10 degrees, so you need to take care of your health. The concentration of fine dust will be’good’ to’medium’ in all areas. However, southern Gyeonggi, Sejong, and Chungnam are expected to be temporarily’bad’ in the morning. Until morning, there are places where there is thick fog, mainly in the southern regions. In the Gyeongsang area, there may be places where high waves caused by swells cross coastal roads or sea rocks.

Until now, I was reporter Kim Myung-il of Hankyung.com.

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