EWY is trading at $158.74, +5.52%, as Korean shares rebounded and the KOSPI closed 1.76% higher. - Korean shares reversed an early selloff on October 19 as institutional and other buyers stepped in. - The rebound followed steep losses tied to fears that debt-financed AI infrastructure spending may not deliver adequate returns, weighing heavily on Samsung Electronics and SK hynix. - Higher U.S. futures also helped sentiment, though chip-sector volatility remains a risk.