South Korea Financial Markets
A screen, right, shows the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. Dollar and South Korean Won, SK Hynix and Samsung Electronics Co. stock prices at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, Sept. 28, 2026.
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Rising oil prices are knocking U.S. stocks lower. The S&P 500 fell 0.4% Monday and gave back some of its gains from last week, which had brought it to the brink of its all-time high. The Dow Jones Industrial Average dropped 274 points, and the Nasdaq composite slipped 0.5%. Stocks felt pressure after the price for the most actively traded part of the market for Brent crude oil rose 1.5% toward $99 per barrel. That sent yields higher in the bond market. It was also enough to overshadow a gain for Nvidia, which announced a historic stock buyback.
