S&P 5007,413.18▲0.0% Nasdaq24,932.08▼0.2% Dow52,210.08▲0.5% Russell 2K2,948.03▲0.6% 10-Yr4.64%−4bp VIX18.67+0.09 WTI$81.92▼8.3% Gold$4,078.90▲0.3% EUR/USD1.137▼0.0% BTC$63,236▼3.2% Nikkei64,611▼2.7%
At close · Mon, Jul 27, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›U.S. and Korean tech stocks show higher correlation, n…

U.S. and Korean tech stocks show higher correlation, near 2021 levels

A 60-day correlation between the Kospi and the Nasdaq 100 has risen to about 0.50, the highest since 2021.

Reported · Written up by our desk · Equities

CNBC Markets reports that U.S. and Korean tech stocks have become more tightly linked, with the 60-day correlation between the Kospi and the Nasdaq 100 rising to about 0.50.

That level marks the highest correlation since 2021, according to data provided by Rayliant, as cited by CNBC Markets.

CNBC World also highlighted the same Rayliant data, pointing to the recent jump in correlation as a potential concern for investors watching how regional tech moves together.

Latest closeNasdaq Comp. 24,932.08 ▼0.2%|Kospi 6,690.62 ▼5.7%

← Newer storyGBP/USD eases as Fed uncertainty steadies the US dollar

More like this

US MarketsAmazon shares fall amid Senate probe into China influence allegations
US MarketsSpaceX shares slide as IPO-fueled hype gives way to crowded short trade
US MarketsApple regains No. 1 spot as Nvidia loses top spot
US MarketsRobert Kiyosaki warns a global depression is starting
US MarketsSpaceX has wiped out more than $1.2 trillion in market cap

Sources

CNBC MarketsU.S. and Korean tech stocks are now tightly linked , and that could be a worry for investors
CNBC WorldU.S. and Korean tech stocks are now tightly linked , and that could be a worry for investors

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.