{"id":209385,"date":"2026-05-05T23:31:00","date_gmt":"2026-05-06T03:31:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/05\/ai-boom-drives-a-rally-in-buying-of-tech-shares-pushing-south-koreas-kospi-to-a-record\/"},"modified":"2026-05-06T01:35:12","modified_gmt":"2026-05-06T05:35:12","slug":"ai-boom-drives-a-rally-in-buying-of-tech-shares-pushing-south-koreas-kospi-to-a-record","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/05\/ai-boom-drives-a-rally-in-buying-of-tech-shares-pushing-south-koreas-kospi-to-a-record\/","title":{"rendered":"AI Boom Drives a Rally in Buying of Tech Shares, Pushing South Korea&#8217;s Kospi to a Record"},"content":{"rendered":"<p><a href=\"https:\/\/www.usnews.com\/news\/business\/articles\/2026-05-05\/ai-boom-drives-a-rally-in-buying-of-tech-shares-pushing-south-koreas-kospi-to-a-record\">AI Boom Drives a Rally in Buying of Tech Shares, Pushing South Korea&#8217;s Kospi to a Record<\/a><\/p>\n<p><a href=\"https:\/\/www.usnews.com\/news\/business\/articles\/2026-05-05\/ai-boom-drives-a-rally-in-buying-of-tech-shares-pushing-south-koreas-kospi-to-a-record\">https:\/\/www.usnews.com\/news\/business\/articles\/2026-05-05\/ai-boom-drives-a-rally-in-buying-of-tech-shares-pushing-south-koreas-kospi-to-a-record<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-05 23:31:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.usnews.com\">www.usnews.com<\/a><\/p>\n<ul>\n<li>South Korea&#8217;s Kospi index reached a new record high, gaining nearly 7%, driven primarily by a surge in Samsung Electronics&#8217; stock, which jumped over 13%. <\/li>\n<li>The rally was fueled by optimism around artificial intelligence growth and hopes for peace in the U.S.-Iran conflict.<\/li>\n<li>Shares of SK Hynix, another key semiconductor manufacturer, increased by 10% on the day.<\/li>\n<li>The South Korean market, which was closed for a holiday, reopened with substantial gains of 6.7% at 7,398.34 points, breaking previous records.<\/li>\n<li>Other Asian markets also saw gains, with Australia\u2019s S&amp;P\/ASX 200 up by nearly 1.0%, and Hong Kong\u2019s Hang Seng and Shanghai Composite rising by 0.7% and 1.0%, respectively.<\/li>\n<li>Meanwhile, energy prices continued to decline, with U.S. crude oil slipping to $100.90 and Brent crude further decreasing to $108.37 per barrel.<\/li>\n<li>Despite mixed U.S. economic reports, the American stock market showed resilience, with the S&amp;P 500, Dow Jones Industrial Average, and Nasdaq all setting new records.<\/li>\n<li>Currency markets saw minor fluctuations with the U.S. dollar slightly weakening against the Japanese yen, while the euro strengthened.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI Boom Drives a Rally in Buying of Tech Shares, Pushing South Korea&#8217;s Kospi to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":209386,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.usnews.com\/dims4\/USNEWS\/f60f44d\/2147483647\/thumbnail\/970x647\/quality\/85\/?url=https%3A%2F%2Fwww.usnews.com%2Fcmsmedia%2F46%2Fb6e29a0457e8596cd7323967d71d0b%2F96b17d5f76a7475598acf5133eb44845South_Korea_Financial_Markets_43996.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-209385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/209385"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=209385"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/209385\/revisions"}],"predecessor-version":[{"id":209387,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/209385\/revisions\/209387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/209386"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=209385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=209385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=209385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}