South Korean stocks began trading on a positive note as the Korea Composite Stock Price Index surged by 1.31 percent in the initial 15 minutes of the session. This upward momentum was driven by expectations of a potential rate cut by the US Federal Reserve following lower-than-anticipated inflation figures in the US. The optimism was further fueled by record highs in the US stock market, with the Dow Jones Industrial Average climbing 0.88 percent and the Nasdaq composite surging 1.4 percent. The latest data on the consumer price index indicated a moderation in inflation in the US, leading to speculation that the Fed might implement a policy rate cut later in the year. In the South Korean market, prominent companies such as Samsung Electronics, SK hynix, Kia, LG Energy Solution, Lotte Shopping, and Celltrion all experienced gains, contributing to the overall positive sentiment. Additionally, the local currency strengthened against the US dollar, trading at 1,353.15 won, marking an increase of 15.95 won from the previous session's close.