{
  "id": 14077654,
  "title": "(LEAD) Seoul shares open sharply lower on U.S. losses, inflation concerns",
  "url": "https://urgent.news/2026/10/13/lead-seoul-shares-open-sharply-lower-on-u-s-losses-inflation-concerns",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T00:21:29.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261013001751320"
  },
  "original_language": "en",
  "account": "SEOUL, Oct. 13 (Yonhap) -- Shares in Seoul experienced a sharp decline on Tuesday, as losses in U.S. technology stocks dampened investor confidence prior to key companies' earnings announcements and the release of U.S. inflation data. The benchmark Korea Composite Stock Price Index saw further losses, sliding 4.03 percent to 6,126.65 as of 9:15 a.m. Overnight, U.S. stocks were mixed, with the Dow Jones Industrial Average up 0.38 percent and the tech-heavy Nasdaq Composite down 0.44 percent. Investors are eagerly awaiting the release of the U.S. consumer price index report due on Wednesday (U.S. time), which may provide additional insights into the Federal Reserve's policy stance ahead of its October rate-setting meeting. Major companies such as Samsung Electronics, SK hynix, Hanwha Aerospace, and Hyundai Motor saw significant drops in their stock prices. Meanwhile, Hybe, the agency behind the popular K-pop boy band BTS, and its rival entertainment agency SM were among the few gainers. The Korean won was trading at 1,335.70 won per U.S. dollar, up 0.1 won from the previous day's close.",
  "summary": "SEOUL, Oct. 13 (Yonhap) -- Seoul shares opened sharply lower Tuesday, as losses ...",
  "key_points": [
    "Seoul shares fell 4.03% to 6,126.65 as U.S. tech losses dampened investor confidence",
    "U.S. inflation data release on Wednesday may impact Federal Reserve policy stance",
    "Hybe and SM among few gainers in Korean market amid major companies' significant drops"
  ],
  "editors_take": "The contagion from American technology stocks and looming inflation data highlights how sensitive Korean markets remain to shifting Federal Reserve policy expectations and global investor sentiment.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul shares open sharply lower on U.S. losses, inflation concerns",
        "url": "https://urgent.news/2026/10/13/urgent-seoul-shares-open-sharply-lower-on-u-s-losses-inflation",
        "published": "2026-10-13T00:01:38.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Seoul shares open sharply lower on US losses, inflation concerns",
        "url": "https://urgent.news/2026/10/13/seoul-shares-open-sharply-lower-on-us-losses-inflation-concerns",
        "published": "2026-10-13T00:22:03.000Z"
      }
    ]
  },
  "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."
}