{
  "id": 12264980,
  "title": "(LEAD) Seoul stocks turn lower after opening higher on profit-taking",
  "url": "https://urgent.news/2026/10/06/lead-seoul-stocks-turn-lower-after-opening-higher-on-profit-taking",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T00:31:34.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261006001351320"
  },
  "original_language": "en",
  "account": "Seoul stocks experienced a downturn following a brief opening surge on Tuesday, as investors engaged in profit-taking. The benchmark Korea Composite Stock Price Index (KOSPI) initially climbed 0.58 percent but subsequently declined 8.14 points, or 0.12 percent, settling at 6,995.60 by 9:15 a.m. Fears surrounding soaring bond yields, which have reached multi-decade peaks, have cast a shadow over investor confidence. Market participants are now focusing on the latest corporate earnings reports. However, rising interest rates, surging energy costs, and renewed inflation concerns are driving global bond yields higher. Overnight, the Dow Jones Industrial Average experienced a modest 0.18 percent increase, while the tech-focused Nasdaq Composite surged 1.05 percent. Key market players such as Samsung Electronics and Hyundai Motor also showed gains, with Samsung Electronics up 0.36 percent and Hyundai Motor climbing 0.87 percent. LG Electronics saw a significant rise of 6.02 percent after securing a long-term agreement to supply chillers for artificial intelligence data centers with a North American firm. Conversely, several stocks declined, including SK hynix, which dropped 1.14 percent, and Korea Aerospace Industries, which fell 2.1 percent. The Korean won traded at 1,343.20 won per U.S. dollar, declining 0.8 won from the previous day's closing level.",
  "summary": "SEOUL, Oct. 6 (Yonhap) -- Seoul shares turned lower on profit-taking after openi...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Seoul stocks open higher after U.S. tech-led rally",
        "url": "https://urgent.news/2026/10/06/seoul-stocks-open-higher-after-u-s-tech-led-rally",
        "published": "2026-10-06T00:03:01.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Seoul stocks open higher after US tech-led rally",
        "url": "https://urgent.news/2026/10/06/seoul-stocks-open-higher-after-us-tech-led-rally",
        "published": "2026-10-06T00:32:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}