The Korean won hits its weakest since 2009, the rand drops 3%, gold falls 5%, and the three major U.S. stock indexes decline over 2%

NightAirdropper · 2026-03-03T15:18:06+00:00

The Korean Won against the US dollar hits a new low since 2009, falling about 1.4% with a total decline of 4.38%. The South African Rand and spot gold also declined, with the US dollar index rising by 1%. Major US stock indices fell further, with the S&P 500 and Nasdaq both dropping over 2%, and the Dow Jones plunging 1121 points.

NightAirdropper

2026-03-03 15:18:06

Abstract generation in progress

The Korean won against the US dollar hit a new low since 2009, currently down about 1.4% at 1,489.19 won, with the total decline over the past four trading days expanding to 4.38%. South Korean ETFs listed in the US remain down 12.65%. The South African rand against the US dollar fell by 3%, and spot gold dropped by 5%. The Bloomberg US dollar index increased by 1%, marking the largest intraday gain since May 2025. The S&P 500 and Nasdaq 100 indices fell by 2%, with the Dow plunging 1,121 points, down 2.29%; the Nasdaq dropped 496 points, down 2.18%; the semiconductor index fell 4.45%; the banking index declined 2.87%; and the Russell 2000 index decreased by 2.9%.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.