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World shares are mixed, Kospi gains 8.4%, as tech-led rally fades

Shares opened lower in Europe on Thursday after a mixed session in Asia, where a rebound in oil prices eclipsed another broad rally on Wall Street. South Korea’s Kospi soared 8. 4% to 7,815. 59, helped by strong buying of technology shares such as Samsung Electronics, which gained 8. 5% after its labor union and management reached an agreement late Wednesday that averted a potentially costly strike. Shares in SK Hynix, a computer chipmaker partnering with Nvidia, surged 11. 2%. The advance a...

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