On Thursday, Seoul shares rebounded, ending a seven-day losing streak as tech stocks led the gains. Investors are anticipating a rate cut by the Federal Reserve next week following the release of US inflation data. The benchmark Korea Composite Stock Price Index surged 2.3 percent to close at 2,572.09, with trading volume reaching 334.63 million shares valued at 11.04 trillion won. Despite more decliners than gainers, institutions and foreigners bought a combined 294 billion won worth of stocks, surpassing individuals' stock selling valued at 232.86 billion won. The US core consumer price index for August, excluding volatile food and energy costs, increased by 0.3 percent from the previous month. While this data dashed hopes for a substantial US central bank rate cut, market participants still expect at least a 25 basis-point cut. In Seoul, tech and auto stocks led the gains, with market bellwether Samsung Electronics rising 2.2 percent, SK hynix Inc. jumping 7.4 percent, Hyundai Motor Co. gaining 3.8 percent, and LG Energy Solution Ltd. up 3.8 percent. Meanwhile, some companies like KT&G Corp., Samsung SDI Co., and Hybe experienced declines. The Korean won also strengthened against the US dollar, trading at 1,338.7 won at 3:30 p.m., marking a 0.3 won increase from the previous session.