South Korea Financial Markets
A screen shows the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won, SK Hynix and Samsung Electronics Co. stock prices at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 16, 2026.
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U.S. stock indexes are mostly slipping on Wall Street as more declines for big tech stocks weigh on the market. The S&P 500 slipped 0.5% in afternoon trading Friday. The index is still on track for a weekly loss, and is a bit below the all-time high it set last week. The Dow Jones Industrial Average wavered between small gains and losses. The Nasdaq composite fell 1.3%. Chip companies were lower. Micron Technology fell 3.3% and Intel lost 2.9%. European markets were higher and Asian markets rose. The yield on the 10-year Treasury rose to 5.12%.
