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Market volatility eases following reported informal US-Iran ceasefire
ParkietLO·US · IR·2 days ago
The KOSPI index experienced a double-digit percentage decline following disappointing earnings from SK Hynix, signaling broader investor sensitivity to semiconductor sector performance. Concurrently, renewed conflict in the Middle East has exerted upward pressure on global oil prices, compounding market instability. The extent of the sell-off's duration remains uncertain as regional geopolitical tensions escalate.