South Korea's benchmark stock index plummeted Thursday, snapping a five session wining streak after renewed recession fears triggered a sell-off on Wall Street. The won tumbled nearly 5 percent.
The Korea Composite Stock Price Index fell 89.28 points, or 7.6 percent, to close at 1,092.22 amid selling by foreign investors. The Kospi at one point declined as much as 8.4 percent.
In New York on Wednesday, the Dow Jones industrial average fell 486.01, or 5.1 percent, to 9,139.27 as investors moved on from the U.S. presidential elections to focus again on fears of a deep and protracted recession in the world's largest economy.
Last week, the Dow rose …
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