🚨 South Korean stocks plunge as market stress intensifies.
South Korea’s market, led by major chipmakers Samsung Electronics and $SKHYB , opened sharply lower, with losses reaching around 8%, prompting the exchange to halt trading.
Global markets are facing mounting pressure from escalating geopolitical tensions around the Strait of Hormuz and persistent U.S. inflation.
Rising geopolitical risk + sticky inflation = a challenging environment for risk assets.
The key question: Is this a temporary shock, or the beginning of a broader market repricing?