South Korea Financial Markets
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, March 26, 2026.
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Wall Street followed global markets lower and oil prices jumped above $100 per barrel as a de-escalation of the Iran war appeared further out of reach. Futures for the S&P 500 and Dow Jones Industrial Average each fell back 0.7% before the opening bell Thursday. Nasdaq futures lost 0.8%. Iran and the United States hardened their positions as a diplomatic push for a ceasefire in the Middle East war appeared to falter on Thursday, sending oil prices back up. Brent crude, the international standard, rose 3.4% to $100.61 per barrel. It was below $95 on Wednesday. Benchmark U.S. crude was 3.2% higher at $93.25 a barrel.
