South Korea Financial Markets

A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 24, 2026.

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US stocks give back some of the rally sparked by Trump's talk of negotiations with Iran

US stocks give back some of the rally sparked by Trump's talk of negotiations with Iran

U.S. stock indexes slipped and gave back some of their rallies from the day before, while oil prices got back to rising. The S&P 500 fell 0.4% Tuesday after yo-yoing through the day. The Dow Jones Industrial Average dipped 0.2%, and the Nasdaq composite sank 0.8%. Oil prices clawed back some of their steep 10% drops from the prior day, while Treasury yields climbed in the bond market. Markets regressed as attacks continued in the war with Iran, a day after President Donald Trump raised hopes a potential end to fighting could come soon.