Business · Markets · 2 hrs ago

South Korea’s KOSPI falls more than 3% at the open

South Korea’s KOSPI falls more than 3% at the open

South Korea’s KOSPI fell more than 3% at the start of trading.

The decline followed a sharp drop in the US Nasdaq.

Lingering doubts about artificial intelligence were also weighing on markets.

The fall shows how a downturn in US technology stocks can affect South Korea’s market.

The information gives no further detail on what drove the AI concerns.

It does not say whether the KOSPI’s decline continued.

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Chosun IlboArticle
As doubts about AI show little sign of easing, the shock of the Nasdaq’s sharp fall is also pulling the KOSPI down.
via Chosun Ilbo