Kospi Jumps, Following Wall Street, as Fed's Waller Signals Rate Hold

South Korea’s Kospi jumped 1.14 percent at Friday’s open. The rally tracked a broad Wall Street advance after Fed Governor Christopher Waller signaled a rate hold this month.

The benchmark index rose 74.88 points to 6,650. It extended a rebound after a sharp slide earlier this week tied to Middle East tensions.

Waller made the remarks Thursday, saying he would be inclined to support a hold. He…