US Markets
Home›US Markets›Indices›South Korea’s Kospi slide wipes out $2.5 trillion amid…
South Korea’s Kospi slide wipes out $2.5 trillion amid investor losses
The retreat erased about $2.5 trillion in market value, undermining bets tied to the AI boom.
The Wall Street Journal Markets reports that South Korea’s Kospi has shifted from a rapid rise narrative to a sharp, prolonged downturn described as a slow-motion collapse.
The decline has already erased roughly $2.5 trillion in value, a move that WSJ says has left investors who positioned for an AI boom facing major losses.
Latest closeKospi 6,803.90 ▼2.0%
← Newer storyMarkets brace for Nvidia earnings, inflation data and Jackson HoleOlder story →Oura and Dunkin’ look set to join an upcoming IPO wave