MikeTrendsTrends right now

GgoogleGB first seen 17 h ago, last 17 h ago, peak #8

Kospi slides as Asian markets sell off on hot US inflation

Original: kospi index

South Korea's Kospi index is falling sharply alongside other Asian markets after hotter-than-expected US CPI data rattled investors. Traders are dumping AI-related stocks in particular, with the selloff hitting tech-heavy indexes across the region. The spike in US inflation has cooled hopes of near-term interest rate cuts, prompting a broad retreat from risky trades.

Why now: A hot US inflation reading triggered a regional stock selloff, with the Kospi among the biggest movers.

KospiSouth KoreaUS CPIAsian markets

Open on google →

Evidence

Elsewhere

API: https://socialmediatrends-api.osmike.com/v1/trends/2323016