{
  "id": 4974514,
  "title": "Seoul stocks open sharply lower amid escalating hostilities in Mideast",
  "url": "https://urgent.news/2026/09/02/seoul-stocks-open-sharply-lower-amid-escalating-hostilities-in-mideast-4974514",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T00:37:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20260902/seoul-stocks-open-sharply-lower-amid-escalating-hostilities-in-mideast"
  },
  "original_language": "en",
  "account": "Seoul's stock market opened sharply lower on Wednesday, mirroring declines on Wall Street as the United States and Iran continued their military exchanges. The Korea Composite Stock Price Index (KOSPI) dropped 184.73 points, or 2.7%, to 6,651.07. Earlier, major U.S. stocks had closed lower due to fresh U.S. military strikes on Iran, which led to an increase in oil prices and heightened fears of inflation in the world's largest economy. The inflation concerns sparked a sell-off in government bonds, with the benchmark 10-year U.S. Treasury yield reaching its highest level since January of the previous year. Similarly, major U.S. stock indices experienced losses, with the Dow Jones Industrial Average down 0.79% and the S&P 500 falling 0.71%. The tech-focused Nasdaq composite decreased by 1.03%. In Seoul, most shares began the day in negative territory. Leading companies such as Samsung Electronics, SK hynix, Hyundai Motor, Doosan Enerbility, Shinsegae, and a major pharmaceutical firm all saw their shares decline significantly.",
  "summary": "Korean stocks started sharply lower Wednesday, tracking losses on Wall Street, as the United States and Iran continued exchanging military attacks, which pushed up oil prices. The benchmark Korea Composite Stock Price Index (KOSPI) fell 184.73 points, or 2.7 percent, to 6,651.07 as of 9:15 a.m. Overnight, major U.S. stocks closed lower as a new round of U.S. military strikes on Iran pushed up oil…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul stocks open sharply lower amid escalating hostilities in Mideast",
        "url": "https://urgent.news/2026/09/02/urgent-seoul-stocks-open-sharply-lower-amid-escalating-hostilities-in",
        "published": "2026-09-02T00:01:44.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Seoul stocks open sharply lower amid escalating hostilities in Mideast",
        "url": "https://urgent.news/2026/09/02/seoul-stocks-open-sharply-lower-amid-escalating-hostilities-in-mideast-4975861",
        "published": "2026-09-02T00:42:03.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Stocks sink, yields at multi-decade highs and oil spikes on Mideast flare-up",
        "url": "https://urgent.news/2026/09/02/stocks-sink-yields-at-multi-decade-highs-and-oil-spikes-on-mideast",
        "published": "2026-09-02T03:30:00.000Z"
      }
    ]
  },
  "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."
}