South Korea Financial Markets

The screens show the Korea Composite Stock Price Index (KOSPI) and 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 27, 2026.

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Stocks drift on Wall Street and crude oil prices drop as Mideast tensions cool

Stocks drift on Wall Street and crude oil prices drop as Mideast tensions cool

Stocks drifted to a mixed close on Wall Street and oil prices fell after the U.S. and Iran paused their attacks while work resumed on restarting negotiations to end their war. The S&P 500 ended barely changed Monday, up less than 0.1%. The index is coming off two straight weekly losses. The Dow Jones Industrial Average rose 0.5%. The Nasdaq composite fell 0.2%, weighed down by a 5% drop in AI chip giant Nvidia. After shooting as high as $102 a barrel last week, Brent crude fell 6.3% to settle at $85.87 per barrel. Treasury yields fell in the bond market.