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Korean Stocks Drop as AI Mania Fades | The Opening Trade 6/5/2026

US equity-index futures declined along with Asian stocks as enthusiasm for the artificial-intelligence trade cooled after driving markets to record highs this year. Futures contracts for the Nasdaq 100 Index dropped 1%, indicating a third day of losses for the gauge as investors rotated out of tech stocks. MSCI's Asian equities gauge fell 1.6%. South Korea's Kospi - the world's best-performing gauge this year and a bellwether for AI investments - slid 5.3%, with chipmaker SK Hynix Inc. tumbling 8.9%. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)