EWY is trading at $160.60, -3.20%, as South Korean shares turned lower after Samsung’s results slightly missed expectations and investors were disappointed by the lack of shareholder-return details.
- Samsung fell while SK hynix gained, concentrating pressure in a major index heavyweight.
- Broader technology sentiment was weak, with Asian shares and U.S. futures pressured by Alphabet’s disappointing results.
- EWY surged 5.37% in the prior session, adding a potential pullback dynamic after the rally.