S&P 5007,623.68▼0.5% Nasdaq25,955.34▼0.2% Dow52,215.16▼1.2% Russell 2K2,775.90▼0.3% 10-Yr4.99%+4bp VIX19.45+0.42 WTI$103.44▲4.0% Gold$4,010.00▼1.2% EUR/USD1.120▼0.3% BTC$79,744▼0.3% Nikkei62,908▼2.6%
At close · Sat, Oct 24, 2026
Daily Market Updates.

ETFs & Funds

Home›ETFs & Funds›Equity Funds›The Kospi index is the leading indicator for the globa…

The Kospi index is the leading indicator for the global AI trade , and Goldman just slashed its forecast by 25%

Reported · Written up by our desk · Equity Funds

A reduction in the growth multiple that investors are prepared to pay for AI stocks and a rise in volatility has forced Goldman strategist Tim Moe to take an axe to his Korean market target.

Latest closeKospi 5,533.77 ▼3.5%

← Newer storyIndonesia defends Singapore gas cuts, cites rising domestic needs and…

More like this

ETFs & FundsThe excitement around Moderna’s cancer vaccine is cooling. Here’s why.
ETFs & FundsRetail investors are getting cold feet about stocks, just when the market needs them most
ETFs & FundsThe 5 big voting issues in the midterm elections that will impact your wallet
ETFs & FundsFrom Tokyo to Wall Street: Nomura’s Pedigree Powers Its U.S. ETF Push
ETFs & FundsMusk says SpaceX’s AI rivals are in trouble, sending their stocks lower

Sources

MarketWatchThe Kospi index is the leading indicator for the global AI trade , and Goldman just slashed its forecast by 25%
MarketWatchThe Kospi index is the leading indicator for the global AI trade , and Goldman just slashed its forecast by 25%

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.