Employees of Hana Bank celebrate in a photo-op to mark the Korea Composite Stock Price Index (KOSPI) of over 8,000 points at a dealing room of Hana Bank in Seoul, South Korea, Friday, May 15, 2026. (AP Photo/Lee Jin-man)
A dealer stands near the screens showing the Korea Composite Stock Price Index (KOSPI), and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Friday, May 15, 2026. (AP Photo/Lee Jin-man)
President Donald Trump, left, walks with Chinese President Xi Jinping at the Temple of Heaven on Thursday May 14, 2026, in Beijing. (AP Photo/Mark Schiefelbein)
HONG KONG (AP) — World shares retreated Friday and South Korea’s Kospi index gave up gains after reaching an all-time high, as investors watch for developments from the Iran war and as U.S. President Donald Trump wrapped up his summit in Beijing with Chinese leader Xi Jinping.
U.S. futures were down after Wall Street reached fresh records.
