South Korea Stock Market May Extend Losing Streak
From Nasdaq: 2025-04-03 19:03:00
The South Korea stock market has fallen in two consecutive sessions, dropping nearly 35 points. The KOSPI closed at 2,486.70, with losses from financial, chemical, tech, and auto companies. The global forecast for Asian markets is negative after Trump’s tariff announcement, causing European and U.S. markets to plunge. Wall Street saw major declines, with the Dow dropping 3.98 percent, the NASDAQ falling 5.97 percent, and the S&P 500 tumbling 4.84 percent. Concerns about a trade war, slower U.S. service sector growth, and falling crude oil prices have contributed to the market volatility.
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