Key facts
- The KOSPI opened at 5,637.77 on Monday, November 2, 2026, down 92.97 points or 1.62% from the prior level.
- The S&P 500 fell 1.82% and the Nasdaq declined 2.86% in Friday's US session, per Yonhap.
- Yonhap attributed the US tech decline to disappointing quarterly earnings from Intel and Amazon and concerns over AI spending.
- Yonhap reported Iranian negotiators were in Doha on Sunday for a third consecutive day of talks with Qatari mediators.
- Yonhap said investors were watching the US jobs report and US midterm elections set for Tuesday.
South Korea's benchmark KOSPI opened down 92.97 points, or 1.62%, at 5,637.77 on Monday, November 2, 2026, Yonhap reported, after declines in US technology shares.
Major Wall Street indexes closed lower on Friday, October 30, 2026, following disappointing quarterly earnings from Intel and Amazon, which Yonhap said amplified concerns over the sustainability of spending on artificial intelligence. The S&P 500 fell 1.82% and the tech-heavy Nasdaq declined 2.86% in that session.
Yonhap also reported that Iranian negotiators were in Doha on Sunday for a third consecutive day of talks with Qatari mediators, and that investors were watching the US jobs report and US midterm elections scheduled for Tuesday.