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The Independent UK
The Independent UK
National
Chan Ho-Him

South Korea's Kospi drops nearly 5% as some AI stocks swoon, while oil keeps climbing

ING South Korea Oil United States Artificial Intelligence Nasdaq
South Korea Financial Markets - (Copyright 2026 The Associated Press. All rights reserved)

Asian shares were mostly higher on Monday but South Korea’s Kospi fell nearly 5% as investors unloaded more stocks linked to artificial intelligence.

Japan’s markets were closed Monday for a holiday and U.S. futures were mixed.

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