South Korea's KOSPI Breaks Below 7,000, Falls 5.72% on July 24

According to the Korea Exchange, the KOSPI index dropped 5.72% to close at 6,690.62 on July 24, marking a decline below the 7,000-point psychological level. The benchmark had opened down 96.11 points (1.35%) from the previous session. The selloff reflects broader market volatility, though analysts noted potential for a rebound ahead of announcements regarding South Korea and the U.S. deepening artificial intelligence cooperation.
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