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South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks

South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks
Photo: KSAT 12 (ABC affiliate) · view original

South Korea’s Kospi index jumped more than 16% on Friday, tracking Wall Street gains, as artificial intelligence-related stocks bounced back after losses this week. U.S. futures edged higher and oil prices fell. In early Asian trading, the Kospi rose 16.8% to 6,531.71, recovering from losses earl...

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