South Korean Stocks Head for Worst Close Since April as AI Selloff Deepens
South Korea's benchmark index headed for its worst close since April as losses deepened in Asia. The move followed a sharp overnight fall in U.S. technology stocks amid growing concerns about AI.
South Korea's benchmark stock index, viewed as a gauge of the artificial-intelligence trade, was on course for its worst close since April as the AI selloff intensified across Asia. The decline came after U.S. technology stocks fell sharply overnight, amid growing investor concern about the massive, de…