Seoul stocks open sharply lower on lingering concerns over AI, US inflation
Seoul stocks opened sharply lower Thursday, as concerns over the sustainability of artificial intelligence (AI) and hotter-than-expected inflation in the United States dampened investor sentiment. The benchmark Korea Composite Stock Price Index (KOSPI) opened down 335.8 points, or 5.59 percent, to 5,673.01. Seoul stocks have continued their losing streak for the past six consecutive sessions.…
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