S&P 5007,575.39▲0.4% Nasdaq26,281.61▲0.3% Dow52,637.01▲0.3% Russell 2K2,977.81▼0.5% 10-Yr4.57%+3bp VIX15.03−0.81 WTI$71.51▼0.8% Gold$4,128.90▼0.0% EUR/USD1.142▼0.0% BTC$63,937▲0.2% Nikkei67,744▲1.4%
At close · Fri, Jul 10, 2026
Daily Market Updates.

Global Markets

HomeGlobal MarketsNorth AmericaSouth Korea issues first-ever emergency heatwave alert…

South Korea issues first-ever emergency heatwave alert under new system

The Korea Meteorological Administration triggered the warning in Gyeongsan and Pohang after temperatures met emergency thresholds of 38°C perceived or 39°C actual for one day.

South Korea issued its first-ever emergency heatwave alert on Sunday, using a new warning system introduced this year to respond to longer and more intense heatwaves, officials said, according to Agence France-Presse.

Under the system, an emergency alert is issued when forecast conditions reach perceived temperatures of 38°C or actual temperatures of 39°C for one day.

The Korea Meteorological Administration issued the Emergency Heatwave Warning at 10am for two cities in southern North Gyeongsang Province, Gyeongsan and Pohang, agency chief Lee Mi-seon said at a press briefing.

Lee said this was the first emergency alert since the system took effect, with affected areas reaching the emergency criteria over the weekend.

More like this

Sources

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.