Seoul's chip complex is leading the region lower: KOSPI down 2.6%, $005930 Samsung -3.5%, $000660 SK hynix -4.48% after US PPI rose 0.4% m/m and an oil-driven selloff hit Wall Street overnight. CPI is

What happened: Seoul shares opened sharply lower Tuesday, with the KOSPI down 4.03 percent as US tech losses weighed on sentiment ahead of earnings and US inflation data. Key numbers: KOSPI fell 257.59 points, or 4.03 percent, to 6,126.65 as of 9:15 a.m. Dow rose 0.38 percent, Nasdaq fell 0.44 percent. Why it matters: Investors await the US consumer price index report due Wednesday, which could offer clues on the Federal Reserve's policy outlook before its October rate-setting meeting. Tech stocks led the Seoul decline.

Seoul shares drop on U.S. losses and inflation concerns.

Seoul shares drop on U.S. losses and inflation concerns. — impact context not separately stored; see What changed.