Asian and European stock markets continued their volatility with South Korea's KOSPI falling 3.8%, heavily impacted by declines in Samsung Electronics and SK Hynix. Wall Street experienced a partial recovery led by strong
Nvidia earnings, while uncertainty about US Federal Reserve policy grew amid labor market concerns and a possible interest rate cut.
European markets opened lower with declines in defense and semiconductor shares, and Ukrainian President Volodymyr Zelensky confirmed peace proposals requiring concessions in the Donbas region.