South Korea Financial Markets

An employee walks past near the screen showing the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, July 20, 2026.

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World shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs

World shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs

World shares have mostly gained and U.S. futures advanced, with markets in South Korea and Japan trading higher after recent declines due to heavy selling of stocks linked to artificial intelligence. South Korea's benchmark Kospi ended 3.6% higher led by technology shares, and Japan's Nikkei 225 jumped 3.3%. Oil prices are higher despite falling earlier in the day, taking Brent crude, the international standard, back to near $90 a barrel. That's well above the prewar level of about $72 a barrel. On Monday, Wall Street's benchmark S&P 500 slipped 0.2%. The Dow Jones Industrial Average dropped 0.6%, while the Nasdaq composite dipped less than 0.1%.