Tied at the Hip: The Symbiotic Relationship Between US and Korean Tech Stocks The fortunes of Wall Street and Seoul are increasingly intertwined, with the correlation between the Nasdaq 100 and Kospi indices reaching its highest level since 2021.
This growing relationship is driven by the dominance of Samsung Electronics and SK Hynix in the global memory chip market.
The connection between the two markets stems from their shared dependence on AI related spending.