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Business 2026-10-15· U.S. News & World Report

South Korea’s Kospi Index Plunges Over 7% as Tech Stocks Dive

The South Korean Kospi index suffered a more than 7% drop, mirroring declines in US markets as AI-related stocks fell. The sell-off was fueled by higher-than-anticipated inflation figures in the US, impacting major technology and semiconductor companies across Asia.

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