South Korean stocks plummeted more than 4 percent Wednesday amid escalating tensions between the United States and Iran and a tech slump fueled by concerns over the valuation of stocks related to artificial intelligence

South Korean stocks soared by more than 8 percent Tuesday as risk-on sentiment prevailed amid a ceasefire between Israel and Iran and confidence over the AI boom.

South Korean stocks started sharply lower Wednesday on news that the United States has launched new strikes on Iran and overnight tech losses on Wall Street. Af