Seoul shares open lower on Democratic Party victory in US midterm elections

Korea Times News ·
Economy Markets

Korean stocks started lower Thursday as the U.S. midterm elections ended with a Democratic Party victory, raising concerns over tighter artificial intelligence (AI) regulations. The benchmark Korea Composite Stock Price Index (KOSPI) fell 112.81 points, or 1.98 percent, to 5,570.99 as of 9:15 a.m. U.S. stocks finished higher as the Dow Jones Industrial Average rose 3 percent, and the S&P 500…

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