Seoul shares open sharply lower on U.S. losses, inflation concerns

최경애

2026-10-13 09:04:47

stocks-open
▲ This photo, taken Oct. 12, 2026, shows the dealing room of Hana Bank in Seoul after the market close. (Yonhap)

SEOUL, Oct. 13 (Yonhap) -- Seoul shares opened sharply lower Tuesday, as losses in U.S. technology stocks weighed on investor sentiment ahead of major companies' earnings reports and the release of U.S. inflation data.

The benchmark Korea Composite Stock Price Index fell 198.16 points, or 3.1 percent, to 6,186.08 at the opening bell.

Overnight, U.S. stocks ended mixed, with the Dow Jones Industrial Average rising 0.38 percent and the tech-heavy Nasdaq Composite falling 0.44 percent.

Investors are awaiting the U.S. consumer price index report due Wednesday (U.S. time), which could offer further clues about the Federal Reserve's policy outlook ahead of its October rate-setting meeting.

(END)

[Copyright ⓒ K-VIBE. All rights reserved. Unauthorized reproduction and redistribution are prohibited.]

WEEKLY HOT