Stock Markets in Japan and South Korea Start on a Downbeat Note, with South Korea’s KOSPI Index Slumping Nearly 6% and Samsung Electronics Plunging Nearly 8%
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Author:小编   

On the morning of March 4, the Asia-Pacific markets generally experienced a downturn, influenced by the overnight slump in U.S. stocks. Both the Nikkei 225 index in Japan and South Korea's composite index took a significant hit. Previously, escalating tensions in the Middle East had sparked inflation concerns, prompting declines in all three major U.S. stock indices. Large-cap tech stocks, in particular, suffered losses, with chip stocks bearing the brunt of the impact. The repercussions were even more pronounced in European markets, where the panic index soared. Chinese concept stocks largely mirrored the downward trend, and overall market risk appetite diminished. The commodity market displayed a mixed performance, with international precious metal prices dropping sharply, while international oil prices surged.