South Korea Financial Markets
An employee works at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, Nov. 3, 2026.
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Asian stocks are mixed as markets like South Korea and Taiwan that are heavily weighted toward technology shares fell after a sell-off on Wall Street. U.S. futures edged lower and oil prices moved higher. Markets in Tokyo were closed for a holiday. Shares in Hong Kong rose, while Shanghai retreated to a one-year low. Australia’s central bank raised its key interest rate to 4.85%, the highest the cash rate has been in 18 years. On Wall Street Monday, losses for Nvidia and Alphabet dragged on the S&P 500, which fell 0.5%, even though most stocks were lifted by falling oil prices. The Dow Jones Industrial Average added 0.4%, while the Nasdaq composite fell 1.1%.
