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In Another Wild Day for South Korean Stocks, Market Surges 18 Percent

NYT > Business·July 31, 2026
In Another Wild Day for South Korean Stocks, Market Surges 18 Percent

South Korea's stock market experienced a significant surge, rising 18 percent in a single day. The rebound came after a recent sell-off, as investor concerns about overspending on artificial intelligence began to ease. Chip shares in the country led the rally, driving the market's sharp increase. The sudden upswing marked a dramatic turnaround for South Korea's stocks.

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