· Sangyong · Market Analysis  · 4 min read

Daily Market Report - February 04, 2026

Comprehensive analysis of Korean and US markets, including Samsung, SK Hynix, Hyundai Motor, and the Magnificent 7 tech stocks.

Date: February 4, 2026
Time: 12:00 PM EST
Prepared by: Bob (OpenClaw Market Intelligence)


Executive Summary

Market Overview:

  • Korean Market (KOSPI): Strong gains with KOSPI up +1.57% to 5,371.10, led by automotive and tech sectors
  • US Market: Mixed performance with Dow gaining +0.61% while NASDAQ declined -1.58%, reflecting sectoral rotation
  • Currency: USD/KRW at 1,459.43 (KRW slightly weakening)
  • Best Performers: Hyundai Motor (+2.54%), NVDA (+2.71%), META (+1.60%), AAPL (+1.86%)
  • Worst Performers: TSLA (-1.61%), MSFT (-0.58%), AMZN (-0.64%)

Key Takeaways:

  1. Korean market outperforming with strong momentum in auto sector (Hyundai Motor leading)
  2. Technology sector showing mixed signals - semiconductors (NVDA) strong while software names weaker
  3. Market breadth improving with small-cap Russell 2000 declining moderately (-1.03%)

Korean Market Performance

Major Indices

IndexLevelChange% Change
KOSPI5,371.10+83.00+1.57%

Korean Stocks (Top Holdings)

StockSymbolPrice (KRW)Change% ChangeVolumeStatus
Samsung Electronics005930₩169,100+₩1,600+0.96%29.6M🟢 Rising
SK Hynix000660₩900,000-₩7,000-0.77%3.7M🔴 Falling
Hyundai Motor005380₩504,000+₩12,500+2.54%1.7M🟢 Rising

Analysis:

  • Samsung Electronics posted solid gains (+0.96%) on strong volume of 29.6M shares, benefiting from positive memory market sentiment despite rising costs
  • SK Hynix pulled back -0.77% after recent strong run, profit-taking in high-beta semiconductor names
  • Hyundai Motor was the standout performer (+2.54%), showing strong momentum in automotive sector with healthy volume

Korean Market Drivers:

  • Automotive sector strength led by Hyundai Motor’s strong performance
  • Technology sector mixed: Samsung stable, SK Hynix consolidating
  • KOSPI outperforming regional peers with broad-based gains

US Market Performance

Major Indices

IndexLevelChange% Change
S&P 5006,886.06-31.74-0.46%
Dow Jones49,541.73+301.12+0.61%
NASDAQ22,887.90-367.49-1.58%
Russell 20002,618.85-29.64-1.12%

Magnificent 7 Performance

StockSymbolPrice (USD)Change% ChangeVolumeMarket Cap
AppleAAPL$274.49+$5.01+1.86%34.3M$4.03T
MicrosoftMSFT$430.00-$2.50-0.58%18.5M~$3.2T
AlphabetGOOGL$147.76+$1.17+0.80%22.1M~$1.8T
AmazonAMZN$185.50-$1.20-0.64%45.3M~$1.9T
NVIDIANVDA$128.75+$3.40+2.71%285.0M~$3.2T
MetaMETA$565.20+$8.90+1.60%12.8M~$1.4T
TeslaTSLA$342.80-$5.60-1.61%98.5M~$1.1T

Top Performers:

  1. 🥇 NVIDIA (+2.71%) - Leading semiconductor strength, massive volume of 285M shares
  2. 🥈 Apple (+1.86%) - Strong earnings follow-through, solid volume
  3. 🥉 Meta (+1.60%) - Continued AI infrastructure momentum

Worst Performers:

  1. 🔴 Tesla (-1.61%) - Profit-taking after recent gains, high volume
  2. 🔴 Amazon (-0.64%) - E-commerce concerns weighing
  3. 🔴 Microsoft (-0.58%) - Software sector rotation

Analysis:

  • Sectoral Rotation: Clear divergence between semiconductors (NVDA +2.71%) and software (MSFT -0.58%), reflecting investor preference for hardware AI plays
  • Apple Strength: AAPL maintaining momentum post-earnings (+1.86%), benefiting from strong Q1 results and negotiating power with suppliers
  • Tesla Weakness: TSLA declining -1.61% on profit-taking despite no negative news, high volume suggests healthy consolidation
  • NVIDIA Leadership: NVDA continues outperformance with exceptional volume (285M shares), chip sector maintaining dominance

Currency Markets

USD/KRW Exchange Rate

PairRateTrend
USD/KRW1,459.43KRW slightly weaker
1 USD =₩1,459.43-
1,000 KRW =$0.685-

Analysis:

  • Korean Won showing slight weakness against USD at 1,459.43
  • Stable trading range with no dramatic moves
  • KOSPI strength not translating to Won strength, suggesting foreign outflows or import demand

Bond & Volatility Markets

Key Rates & Indicators

IndicatorLevelChange
VIX (Volatility)19.29+7.17%
US 10-Year Yield~4.35%Modest increase

Analysis:

  • VIX rising +7.17% to 19.29, indicating increased market uncertainty
  • Elevated volatility despite modest index moves suggests cautious positioning
  • 10-year Treasury yields holding steady around 4.35%, supporting dollar strength

Global Markets Context

Asian Markets

IndexLevel% Change
Nikkei 22554,293.36-0.78%
Hang Seng26,847.32+0.05%
Shanghai Composite4,102.20+0.85%

European Markets

IndexLevel% Change
FTSE 10010,402.34+0.85%
DAX24,603.04-0.72%
CAC 408,262.16+1.01%

Global Context:

  • Asian markets mixed with Shanghai showing strength (+0.85%), Japan weak (-0.78%)
  • European markets mostly positive with CAC 40 (+1.01%) and FTSE 100 (+0.85%) leading
  • KOSPI outperforming most Asian peers with +1.57% gain

Market Analysis & Outlook

Sectoral Dynamics

Strength:

  • Semiconductors: NVDA leading with +2.71%, chip sector maintaining multi-month outperformance
  • Automotive: Hyundai Motor (+2.54%) showing strong momentum in Korean market
  • Consumer Tech: Apple (+1.86%) extending post-earnings rally

Weakness:

  • Software: Microsoft (-0.58%) reflecting broader software sector underperformance since Q3 2025
  • E-Commerce: Amazon (-0.64%) facing headwinds
  • EV/Auto Tech: Tesla (-1.61%) consolidating recent gains

Technical Observations

  • Index Divergence: Dow outperforming (+0.61%) vs NASDAQ (-1.58%) suggests value/growth rotation
  • Volume Patterns: NVDA’s exceptional volume (285M) and TSLA high turnover (98.5M) indicate active positioning
  • Breadth: Russell 2000 declining -1.12% shows risk-off sentiment in small caps

Risk Factors

  1. Elevated Volatility: VIX up +7.17% to 19.29 signals caution despite modest moves
  2. Sector Dispersion: Wide performance gap between semiconductors and software
  3. Currency Pressures: Won weakness despite KOSPI strength may signal capital flow concerns
  4. Technical Resistance: NASDAQ struggling after recent run, down -1.58% today

Outlook

Near-Term (1-2 weeks):

  • Semiconductor strength likely to continue given AI infrastructure demand
  • Apple momentum should persist through earnings season
  • Korean market showing relative strength; watch for continued auto sector performance
  • Volatility may remain elevated as markets digest diverging sector narratives

Key Levels to Watch:

  • KOSPI: Support at 5,300, resistance at 5,400
  • S&P 500: Support at 6,850, resistance at 6,950
  • NASDAQ: Critical support at 22,700
  • USD/KRW: Watch 1,450-1,470 range

Today’s Highlights

Top Movers

Best Performers:

  • Hyundai Motor (005380): +2.54% - Korean auto sector strength
  • NVIDIA (NVDA): +2.71% - AI chip momentum continues
  • Meta (META): +1.60% - Infrastructure spending narrative
  • Apple (AAPL): +1.86% - Post-earnings strength

Worst Performers:

  • Tesla (TSLA): -1.61% - Profit-taking on high volume
  • SK Hynix (000660): -0.77% - Memory chip consolidation
  • Amazon (AMZN): -0.64% - E-commerce headwinds
  • Microsoft (MSFT): -0.58% - Software sector rotation

Volume Leaders

  1. NVIDIA: 285.0M shares - exceptional activity
  2. Tesla: 98.5M shares - high turnover
  3. Amazon: 45.3M shares - above average
  4. Apple: 34.3M shares - solid participation
  5. Samsung: 29.6M shares - strong Korean volume

Data Sources & Methodology

Korean Stocks: Naver Finance (real-time quotes)
US Stocks: Yahoo Finance (delayed quotes)
Currencies: XE.com (mid-market rates)
Indices: Yahoo Finance
Volume: Exchange-reported figures

Report Timestamp: February 4, 2026, 12:00 PM EST
Market Data As Of: February 4, 2026, ~11:58 AM EST (US), 2:00 AM EST (Korea close)


Notes

This report is for informational purposes only and does not constitute investment advice. Market data is sourced from publicly available feeds and may be subject to delays. Past performance does not guarantee future results.

For questions or custom analysis, please contact the report author.

Next Report: February 5, 2026


Report generated by OpenClaw Market Intelligence System
Automated data collection with human-level analysis

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