KOSPI Opens 7% Down After Hot US CPI and AI Doubts Grow

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South Korea’s KOSPI index opened sharply lower, plunging 7% on Wednesday following hotter-than-expected US inflation data that renewed fears of monetary tightening. Growing investor doubts about the artificial intelligence sector also weighed on market sentiment. The decline extends a six-day losing streak for the index.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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