Seoul Shares Sharply Down Late Thursday Morning on Renewed Iran Tensions; Won Sharply Down
3 Articles
3 Articles
Seoul shares sharply down late Thursday morning on renewed Iran tensions; won sharply down
Korean stocks traded sharply lower Thursday morning, retreating from record highs, amid renewed uncertainty over negotiations between the United States and Iran to end their conflict in the Middle East. The benchmark Korea Composite Stock Price Index (KOSPI) was down 188.89 points, or 2.15 percent, to 8,612.6 as of 11:20 a.m. Overnight, U.S. stocks ended lower amid concerns that an escalation of hostilities between the U.S. and Iran could underm…
The three main Wall Street indices closed with losses this Wednesday’s session. Stock exchanges dropped to concerns over an increase in hostilities between the United States and Iran and a new tariff announcement by Donald Trump. The Dow Jones Industrial Average, made up of the stock of 30 giants, dropped 1.21% to 50,687.07 units, while the S&P 500, of the most valuable companies, yielded 0.74% with 7,553.68 points. The Nasdaq Composite dropped …
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