🔴 South Korea ETF (EWY) is trading 3.2% down in pre-market as AI spending doubts pressure chipmakers

EWY is trading at $151.86, down -3.20%, as renewed doubts about returns on heavy AI infrastructure spending pressured Asian technology shares and South Korean chipmakers.

• Escalating Gulf tensions lifted oil prices and added to risk aversion.
• Weaker U.S. futures reflected concern over mixed megacap results.
• Trading activity level and volume are unavailable in the supplied price context.