
AI-generated summary
The U.S. midterm elections are about to take place this week, and investors are paying attention to the election results and the impact on subsequent policies; the United States and Iran are expected to restart peace negotiations, driving oil prices to plummet. However, subsequent selling pressure on semiconductor and technology stocks has emerged, dragging down the trend of U.S. stocks on Monday.
Affected by the comprehensive decline in semiconductor and technology stocks, only the Dow Jones closed in the red on Monday, and the rest closed in the red, while the Federal Reserve fell 3.37%, plummeting 3.61%. South Korean stocks opened lower on Tuesday. As the US military raided Iran's Qeshm Island, the decline worsened. It fell more than 4% during the session, and the index fell to 5,600 points.
The U.S. midterm elections are about to take place this week, and investors are paying attention to the election results and the impact on subsequent policies; the United States and Iran are expected to restart peace negotiations, driving oil prices to plummet, but subsequent selling pressure on semiconductor and technology stocks has dragged down the trend of U.S. stocks on Monday. Among the four major indexes, only the Dow Jones closed in the red, ending up 213.67 points, or 0.41%, at 519 83.98 points; the Nasdaq index fell 272.68 points, or 1.07%, to 25164.32 points; the S&P 500 index fell 38.67 points, or 0.51%, to 7541.40 points; the Philadelphia Semiconductor Index fell 360.47 points, or 3.37%, to 10328.33 points.
Affected by the decline of U.S. stocks on Monday, South Korean stocks opened on Tuesday with a sharp drop of 143.9 points or 2.45%, opening at 5715.19 points. The index opened lower. During the session, it was reported that the US military raided Iran's Qeshm Island. As the share prices of Hynix and Samsung Electronics fell more than 4%, the index's decline expanded, back to 5616.57 points, down 242.52 points or 4.13%.
AI outlook — possibilities, not facts
Korean stocks will continue to be under pressure in the short term, and the battle to defend 5,600 points will continue.
Possible · Within days

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