South Korea Financial Markets

A dealer stands near the screens showing the Korea Composite Stock Price Index (KOSPI), and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Friday, May 15, 2026.

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World shares are lower after South Korea's Kospi hits records, as Trump wraps up Beijing trip

World shares are lower after South Korea's Kospi hits records, as Trump wraps up Beijing trip

World shares have retreated and South Korea's Kospi has given up gains after reaching an all-time high and crossing the 8,000 mark for the first time. Markets in Europe and in Asia fell, as investors are watching for developments from the Iran war and from U.S. President Donald Trump’s summit in Beijing with Chinese leader Xi Jinping. Trump has wrapped up his China visit Friday after a series of meetings with Xi. U.S. futures are lower, after Wall Street reached new records on Thursday. The S&P 500 rose 0.8% and hit an all-time high for a second consecutive day, the Dow Jones Industrial Average was up more than 0.7%, and the Nasdaq composite climbed 0.9%.