South Korea Financial Markets
Traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, Thursday, Oct. 8, 2026.
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The price of Brent crude oil has jumped nearly 4% as rising tensions in the Middle East add to uncertainties over supplies. Share prices fell in Europe and Asia on Thursday after stocks on Wall Street retreated from their records. U.S. equity futures also fell. Stocks once again have retreated under pressure from rising yields in the bond market. On Wednesday, Wall Street’s benchmark S&P 500 dropped 0.2%. The Dow Jones Industrial Average slipped 0.7%, while the technology-heavy Nasdaq composite declined 0.2%. Brent crude rose to $104 a barrel, reflecting renewed attacks on tankers, inclement weather and an unconfirmed report saying the White House has asked the Pentagon to develop strike options against Iran.
