South Korea Financial Markets
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, June 24, 2026.
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Asian stocks are mixed on Wednesday, following a sell-off in big technology stocks from Asia to Wall Street. U.S. stock futures are also trading mixed. Global investors are monitoring market movements in Japan and South Korea, which have seen big gains in recent months on the global AI boom but both fell sharply on Tuesday. South Korea's benchmark Kospi index was up 3.3% on Wednesday, while Japan's Nikkei 225 lost 0.9%. On Wall Street, the benchmark S&P 500 fell 1.4% Tuesday. The tech-heavy Nasdaq composite dropped 2.2%, while the Dow was 0.1% lower. Oil prices fell as more ships crossed the Strait of Hormuz and as U.S.-Iran talks on a permanent end to the Iran war progressed.
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