Trump's one statement sends global stock markets into a "dizzying rally"

TechubNews · 2026-03-10T11:31:31+00:00

Trump's attack on Iran has caused intense fluctuations in global stock markets. The Korean stock market rebounded significantly, with KOSPI rising by 5.35%. Trump conveyed a message of ceasefire, prompting U.S. and Asian stock markets to recover, while international oil prices experienced sharp volatility. The Korean market was active in trading, with external factors having a noticeable impact.

TechubNews

2026-03-10 11:31:31

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After U.S. President Donald Trump and Israel jointly attacked Iran, his statement caused a sharp shakeup in global stock markets. Market volatility intensified, leading to what is called a “dizzying market condition.”

The Korean stock market also experienced significant fluctuations due to this international situation. The Korea Composite Stock Price Index (KOSPI) closed on March 10, 2026, with a substantial increase of 280.72 points (5.35%). This was a strong rebound following the previous day’s plunge. Especially on that day, KOSPI200 futures prices soared, triggering the Korea Exchange to activate the “circuit breaker” (Sidecar, a temporary trading halt).

During a press conference in Florida, President Trump conveyed a message that tensions would ease, stating that the war with Iran was nearing its end. This not only boosted the U.S. stock market but also led to rapid rebounds in Asian and European markets, driving indices higher in Hong Kong, Japan, and other regions.

International oil prices also experienced dramatic fluctuations. The West Texas Intermediate (WTI) crude oil for April delivery briefly surged to $119.48 per barrel but then quickly stabilized around $89.60 per barrel. This had a positive impact on major Asian economies dependent on Middle Eastern oil, supporting their stock market rebounds.

Notably, following President Trump’s remarks, the proportion of pre-market trading (trading before the official market open) in the Korean stock market has been increasing. Its trading volume has reached about twice the level before the outbreak of war, accounting for roughly 11%. This trend demonstrates how external factors can influence the Korean stock market. As long as the international situation remains unstable, this trend is likely to continue.

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