IllustrativeSouth Korea's KOSPI Plunges 20% Into Bear Market: Two Chip Stocks Hold Market Hostage, Leveraged ETFs Amplify the Rout
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South Korea's KOSPI has fallen into a bear market, dropping 20%. The decline is reportedly being driven by two chip stocks, which are said to be holding the market hostage. Leveraged ETFs are also amplifying the downturn.