Seoul stocks opens lower following tech declines on Wall Street

Seoul stocks opened lower Wednesday, partly driven by investors pulling out of stocks related to artificial intelligence in the US market. The benchmark Korea Composite Stock Price Index was down 75.79 points, or 0.87 percent, to 8,650.81, as of 9:15 a.m. The index followed declines on Wall Street overnight, where a tech sell-off knocked down the S&P500 by some 0.5 percent and the Nasdaq by 1.15 percent. Nvidia surprised investors with a plan to issue $25 billion worth of bonds, which marked the

By The Korea Herald