Daily Market Updates: KOSPI drops more than 5% into bear territory

S&P 5007,482.58▼0.3% Nasdaq25,870.65▲0.2% Dow52,348.09▼1.1% Russell 2K2,948.91▼1.1% 10-Yr4.57%+4bp VIX16.86+0.73 WTI$74.03▲5.1% Gold$4,091.40▼1.3% EUR/USD1.143▼0.1% BTC$63,168▲1.5% Nikkei68,257▼2.1%

At close · Thu, Jul 9, 2026

Global Markets

Home›Global Markets›Asia›KOSPI drops more than 5% into bear territory

KOSPI drops more than 5% into bear territory

The decline pushed the index about 20% below its June 19 record high, according to LSEG data cited by CNBC World.

Reported · Written up by our desk · Asia

CNBC World reports that the Kospi fell more than 5% on Wednesday, moving it into bear territory.

The drop took the index about 20% below its June 19 record high, based on LSEG data.

Latest closeKospi 7,656.31 ▼4.9%

← Newer storySWIFT launches blockchain ledger for tokenized deposit pilot with 17…Older story →Bitcoin exchange reserves are drawing less bullish attention

More like this

Global MarketsChina allows AI firms to buy Nvidia H200 after U.S. export approval

Global MarketsChina says high-power microwave weapons reach up to 100 gigawatts

Global MarketsCathay Pacific confirms runway strike involving A330 tail at Hong Kong

Global MarketsSouth Korea and UAE seen as potential AI champions, Bank of America economists say

Global MarketsAI system aims to help Hong Kong taxi drivers spot high-demand streets

Sources

CNBC WorldWhy the world’s best-performing stock market this year fell into bear territory

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.