{
  "id": 18425393,
  "title": "Seoul stocks sharply down late Fri. morning on AI rout",
  "url": "https://urgent.news/2026/11/06/seoul-stocks-sharply-down-late-fri-morning-on-ai-rout",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-06T02:31:12.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261106004600320"
  },
  "original_language": "en",
  "account": "Seoul's stock market suffered a sharp decline on Friday morning, as concerns over the Democratic Party's victory in the U.S. midterm election weighed heavily on investors. The Korea Composite Stock Price Index (KOSPI) fell 4.47%, closing at 5,143.39 points by 11:20 a.m. Trading was briefly halted for 20 minutes following a more than 8% drop in the index.\n\nWall Street's major stock indexes mirrored the downward trend after the election results, with investors offloading top AI and data center companies. The S&P 500 dropped over 4%, while the Nasdaq erased over 5%. Analyst Han Ji-young from Kiwoom Securities warned that the potential slowing of data center construction, particularly in Texas, which accounts for 27% of U.S. data center construction, could have negative consequences.\n\nIn Seoul, a broad sell-off occurred across various sectors. Tech giants Samsung Electronics and SK hynix saw their shares plummet by over 3% and 6%, respectively. Hyundai Motor and Hanwha Aerospace, along with battery maker LG Energy Solution, also experienced declines of 4.6%, 4.41%, and 0.14%, respectively. The Korean won weakened to 1,356.2 won against the U.S. dollar by 11:20 a.m., a 0.7% decrease from the previous trading session.",
  "summary": "SEOUL, Nov. 6 (Yonhap) -- Seoul stocks were trading sharply lower late Friday mo...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Seoul stocks open sharply lower on AI fears after US midterms",
        "url": "https://urgent.news/2026/11/06/seoul-stocks-open-sharply-lower-on-ai-fears-after-us-midterms",
        "published": "2026-11-06T00:42:03.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Seoul, Tokyo lead Asian market bloodbath as AI backlash and US political uncertainty rattle investors",
        "url": "https://urgent.news/2026/11/06/seoul-tokyo-lead-asian-market-bloodbath-as-ai-backlash-and-us",
        "published": "2026-11-06T04:19:21.000Z"
      }
    ]
  },
  "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."
}