A post by @FirstSquawk on X.
South Korean equities tumble at the open as AI fears intensify after U.S. midterms.
@FirstSquawk on X
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South Korean equities fell sharply at the open as mounting concerns over artificial intelligence valuations intensified following the U.S. midterm elections. The selloff underscores how quickly AI-related anxiety can spill across global markets, hitting export-heavy Asian benchmarks tied to the semiconductor and technology supply chain. Investors are now watching whether the pullback deepens in U.S. and European trading hours or stabilizes as the post-election policy picture becomes clearer.
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Named in this story
South Korean equities, AI, U.S. midterms