Published on 3 Dec 2024 on Benzinga
US Stocks Pause, South Korea ETFs Fall On Political Turmoil, Oil Prices Rise...
U.S. stocks paused for a breather Tuesday, with major equity indices hovering near the flatline as investors digested global developments, including China’s ban on key raw material exports to the U.S. and South Korea’s political turmoil following the president’s announcement of martial law.
Korean-linked exchange traded funds such as the iShares MSCI South Korea ETF EWY fell by 2.7%, recovering some ground from sharper morning losses.