South Korean stocks opened sharply lower on Wednesday as continued U.S. and
Iranian military strikes lifted oil prices. U.S. major indexes fell overnight.
Inflation concerns sparked a government bond sell-off, pushing the 10-year U.S.
Treasury yield to its highest level since January last year. In Seoul, most
stocks opened down: Samsung Electronics −3.26%, SK Hynix −3.01%, Hyundai Motor
−3.87%, Doosan Enerbility −3.32%, Shinsegae Group −6.08%, Samsung Biologics
−1.32%.
