Global shares trade mixed and Kospi falls 3% as oil prices keep swinging - BNN Bloomberg
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Article Excerpt
Global shares traded mostly lower on Wednesday amid a broad selloff in technology stocks, with the KOSPI falling 2.96%, or 103.84 points, to 3,417.52, its lowest closing level since June 2020.
Oil prices continued to swing wildly, hitting record highs before retreating again as tensions eased between Russia and Ukraine. Brent crude futures briefly topped \$140 a barrel but settled at $139.18 per barrel on Wednesday.
In the U.S., the tech-heavy Nasdaq Composite fell 1.76%, or 254 points, to 14,368. The S&P 500 index dropped 1.45% and the Dow Jones Industrial Average was down 1.33%.
The Europ…
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Jun 4, 2026