A post by @FirstSquawk on X.
KOSPI falls below 5,000 amid an AI-driven market sell-off after the US midterm elections, Yonhap reports.
@FirstSquawk on X
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South Korea’s KOSPI fell below the 5,000 level, according to Yonhap, as an AI-driven sell-off hit equities following the U.S. midterm elections. The decline marks a notable pullback for the benchmark index, which had been trading above the 5,000 threshold. The move reflects broader pressure on AI-linked stocks after the U.S. vote, with investors reassessing positioning across technology-heavy markets. The KOSPI’s drop below the round-number level is being watched as a potential signal of shifting risk appetite in Asian equities.
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Named in this story
KOSPI, US midterm elections, Yonhap