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World markets are mixed while Korean shares slump despite an AI-led rebound on Wall St
World markets were mixed as Korean shares slumped despite an AI-driven rebound on Wall Street. South Korea's Kospi fell 4.9%, with Samsung Electronics and SK Hynix losing significant ground, while AI stocks faced volatility amid concerns about overvaluation. SK Hynix plans a $28 billion U.S. IPO, and Broadcom's partnership with Apple boosted the S&P 500.
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