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Wall Street’s AI Sell-Off Spills Into Seoul, Sinking KOSPI Below 5,000

Wall Street’s AI Sell-Off Spills Into Seoul, Sinking KOSPI Below 5,000

Photo: BeInCrypto

South Korea’s KOSPI fell below 5,000 on Friday for the first time since February. An 8% slide after the open triggered a circuit breaker, halting trading for 20 minutes. SK Hynix shareholders absorbed one of the sharpest losses. The stock sank 11.71% to 1,116,000 won, even though the chipmaker reported record quarterly sales last week.

Source: BeInCrypto

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