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South Korea's KOSPI Falls 2.82% on July 24 Amid Middle East Tensions and AI Investment Concerns

Indices Commodities AI Industry News

2026-07-24 00:50:31

US5000.02%

According to Money Today, South Korea's KOSPI index declined 2.82% to 6,896.92 on July 24 morning, while the KOSDAQ fell 2.65% to 769.32. The declines were driven by fresh Middle East geopolitical tensions—including reported Houthi attacks on Saudi tankers and additional U.S. airstrikes on Iran—and renewed concerns over artificial intelligence investment returns from major U.S. tech companies. Overnight, the S&P 500 fell 1.21% and the Nasdaq Composite dropped 2.15%, while Brent crude surged 7.04% to $100.69 per barrel.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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