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The Nexus
BUSINESSJul 7 · 10:03 UTCWPLG LOCAL 10 MIAMIBy ELAINE KURTENBACH, Associated Press

World markets are mixed while Korean shares slump despite an AI-led rebound on Wall St

World markets showed mixed results with Korean shares slumping despite an AI-driven rebound in U.S. markets. South Korea's Kospi fell 4.9% as Samsung Electronics and SK Hynix shares declined, while AI stocks on Wall Street rose. SK Hynix plans a $28 billion U.S. IPO as concerns over AI stock valuations persist.

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