South Korea Financial Markets
- Ahn Young-joon - AP
- Updated
A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI), rear center, and the foreign exchange rate between U.S. dollar and South Korean won, rear left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026.
Ahn Young-joon - APAs featured on
U.S. stocks held steadier as Wall Street waited for the next signal on when the war with Iran may end. The S&P 500 dipped 0.2% Tuesday, a day after its latest wild swings caused by extreme moves in the oil market. The Dow Jones Industrial Average fell 34 points, and the Nasdaq composite edged higher by less than 0.1%. Oil prices remained sharply below their peaks hit the day before. They had plunged from nearly $120 per barrel toward $90 late Monday on hopes for a quick end to the war. Stocks rose in Asia and Europe in their first chance to trade after that fall for oil prices.
U.S. stocks are wavering as the price of oil gets back to rising. The S&P 500 fell 0.1% Wednesday, coming off a rare day of modest moves following a wild stretch caused by the war with Iran. The Dow Jones Industrial Average dropped 316 points, and the Nasdaq composite rose 0.1%. Oracle helped limit Wall Street's losses after reporting a stronger profit than analysts expected. Oil prices climbed even though the International Energy Agency said its members will release a record amount of crude from stockpiles they’ve set aside for emergencies. Treasury yields rose in the bond market.
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