South Korea Financial Markets
A currency trader stretches near a screen showing the Korea Composite Stock Price Index (KOSPI), center, and the foreign exchange rate between U.S. dollar and South Korean won, left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, Feb. 24, 2026.
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Shares are mixed in Asia after U.S. stocks slumped on heavy selling of shares in companies that could be losers in the artificial-intelligence boom. U.S. futures climbed. Markets in mainland China gained more than 1% as they reopened following a weeklong holiday. On Monday, the S&P 500 sank 1% and the Dow industrials dropped 1.7%. The Nasdaq composite fell 1.1%. Cybersecurity and software stocks logged some of the biggest losses on worries that AI-powered rivals could undercut their profits. Trump’s latest tariff moves have raised uncertainty. Bitcoin briefly fell below $64,000 but remained above its low point reached earlier this month. Oil prices gained on worries that President Donald Trump might take military action against Iran.
