Seoul stocks buck gains on Wall Street to open lower

What happened: Seoul stocks opened lower Monday, diverging from Wall Street gains, as investors sold tech heavyweights. The KOSPI fell in early trading while major US indexes closed higher Friday. Key numbers: KOSPI down 31.68 points, or 0.63 percent, to 5,028.01 as of 9:15 a.m. S&P 500 added 0.31 percent; Nasdaq rose 1.09 percent. Why it matters: Investors are weighing fresh uncertainty around Nvidia after it launched an independent investigation into allegations its chief Jensen Huang was targeted by a Chinese spy, and are watching the Federal Reserve for cues on US policy direction. Coverage: 3 outlets in 24h

Seoul stocks opened lower Monday, diverging from Wall Street gains, as investors sold tech heavyweights. The KOSPI fell in early trading while major US indexes closed higher Friday.

Investors are weighing fresh uncertainty around Nvidia after it launched an independent investigation into allegations its chief Jensen Huang was targeted by a Chinese spy, and are watching the Federal Reserve for cues on US policy direction.