South Korea's KOSPI craters over 8% as Fed fears spark tech rout
SEOUL, June 8 : South Korea's stock benchmark plunged over 8 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech‑heavy market that had powered the broader AI rally.The KOSPI fell 8.3 per cent to close at 7,
8 Jun 06:32 · CNA