Why the world's top-performing stock market in 2025 is seeing historic volatility [CNBC]
JP Morgan Chase & Co. (JPM)
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Source: CNBC
South Korea's benchmark index Kospi tumbled more than five percent on February 2, in line with a sell-off across Asian markets amid fresh worries about an AI-fuelled tech rally that has sparked fears of a bubble in the sector. (Photo by Jung Yeon-je / AFP via Getty Images) Jung Yeon-je | Afp | Getty Images South Korea's stock market has swung wildly in recent days, underscoring how the world's best-performing equities market last year is turning into its most volatile one. The benchmark Kospi index plunged as much as 12% on Wednesday, marking its largest single-day drop on record, before staging a powerful rebound in the next session, up nearly 10%, marking its best day since 2008. It was trading over 1% lower on Friday. The whipsaw comes as investors reassess risks from the escalating war in the Middle East, which has sent oil prices surging and rattled markets globally, and the market's concentration in a few stocks. While the global risk-off mood has played a major role,
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