Why iShares MSCI Korea ETF (EWY) rose 1.82%
iShares MSCI Korea ETF (EWY) rose 1.82% on October 1, 2026 — SK's $200B US investment plan fuels Korea tech surge.
What happened
Trump announced a $200 billion South Korean investment commitment in US projects, boosting Korea Tech sentiment and lifting the broad Korea equity index via improved bilateral trade and capex outlook.
Why it moved
A large foreign investment pledge from Korea reduces recession/tariff overhang and improves demand visibility for Korea's chip, display, and industrial exporters; the Korea ETF benefits from the cumulative lift across…
Why it matters
Korea Tech is repricing higher on restored US-Korea trade momentum and confirmed capex commitments; the ETF captures this broad sentiment shift across semiconductors, electronics, and industrial names.
What would break the thesis
If the pledge is revealed to be symbolic without concrete timelines or funding, or if US trade tensions re-emerge, the Korea premium unwinds.