Leaping ahead of the news
South Korea’s KOSPI fell 7.57 percent to a six-month low and triggered a 20-minute trading halt, as hot US inflation data and doubts about AI spending hammered Samsung and SK Hynix.
Tech shares led US stocks to another gain on Friday, capping a record week, while high bond yields, volatile oil and rising inflation expectations keep investors cautious ahead of CPI data and bank earnings.