South Korea Financial Markets
Chairman of the Financial Services Commission, Lee Eog-weon, second from left, Chairman & CEO of the Korea Exchange, Jeong Eun Bo, center, a and other officials celebrate as a screen shows the Korea Composite Stock Price Index (KOSPI) of over 6,000 points during a ceremony at the Korea Exchange in Seoul, South Korea, Wednesday, Feb. 25, 2026.
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Nvidia’s latest blowout profit report is getting waved off by Wall Street, and it’s dragging the U.S. market down even though most stocks are rising. The S&P 500 fell 0.6% Thursday. The Dow Jones Industrial Average added 77 points, and the Nasdaq composite fell 1.3%. Nvidia delivered another stellar profit report and gave a forecast for revenue that again topped analysts' expectations. But such blowout performances have become typical for the AI chip company, and its stock fell sharply. Stocks of software companies that had earlier been hurt by worries that AI would make them obsolete rose. Oil prices erased earlier losses to rise.
