Korean Stocks Drop on Chip Losses After US Selloff, Oil Gains
South Korean stocks retreated as heavyweight chipmakers declined, tracking an overnight selloff in US technology shares amid rising oil prices.
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2 matching records found
South Korean stocks retreated as heavyweight chipmakers declined, tracking an overnight selloff in US technology shares amid rising oil prices.
Chipmakers drove losses in South Korean equities Tuesday, as foreign investors reduced exposure on a rise in Treasury yields and a weak stock market debut by a data center firm.
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