Seoul's stock market ended lower on Monday, breaking a four-day winning streak, as concerns grew about a potential delay in anticipated interest rate cuts by the US Federal Reserve. The Korean won also weakened against the US dollar. The benchmark Korea Composite Stock Price Index dropped by 14.32 points, or 0.52 percent, to finish at 2,744.10. Trading volume was moderate, with 545 million shares valued at 12.2 trillion won ($8.8 billion), and there were more losing stocks than gaining ones, with individuals buying a net 313 billion won worth of stocks, offsetting institutions and foreigners' stock selling valued at 283 billion won. In the US, the Dow Jones Industrial Average fell by 0.2 percent to 38,589.16, while the Nasdaq Composite rose by 0.1 percent to 17,688.88. The Fed's recent adjustment of rate cut projections raised concerns about potential similar actions by central banks in Britain and Europe, depending on the results of inflation readings this week. In Seoul, large-cap stocks showed mixed performance, with Samsung Electronics Co. and other major companies experiencing declines, while Hyundai Motor Co., Kia Corp., and Korea Gas Corp. saw gains. Hyundai and Kia's shares surged following news of Hyundai's Indian unit submitting documents for an initial public offering to raise up to $3 billion. The local currency closed at 1,381.20 won against the US dollar, down 1.9 won from the previous session's close.