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Korean Stocks Plunge as Tech Selloff Triggers Circuit Breaker on Kospi

Bloomberg.com · Finance · 2026-06-08

South Korean stocks fell sharply as tech sell-offs triggered a circuit breaker on the Kospi index. This volatility is linked to concerns over AI trade overheating and potential rate hikes, exacerbated by crowded semiconductor positions and leveraged ETFs.

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Source: https://www.bloomberg.com/news/articles/2026-06-08/korean-stocks-tumble-as-investors-rush-to-offload-tech-shares?srnd=homepage-europe