EWY is trading 4.5% up today as South Korean stocks rebound alongside a global recovery in semiconductor and technology shares.
- Improved risk appetite following the recent AI-related tech selloff is lifting sentiment toward memory-chip leaders like Samsung Electronics and SK Hynix.
- The EWY ETF, which tracks large- and mid-cap South Korean equities, is benefiting from the broader market recovery and renewed strength in the global tech sector.