The Korea Composite Stock Price Index displayed on an electronic board at Hana Bank headquarters in Seoul fell by 0.82 percent in the initial 15 minutes of trading, reflecting a downward trend in the Seoul shares market. This decline followed the overnight losses on Wall Street, where the Nasdaq Composite dropped by 1.95 percent and the S&P 500 by 0.88 percent. The Dow Jones Industrial Average, however, saw a slight increase of 0.08 percent. The US inflation for June also declined by 0.1 percent from the previous month, raising expectations of a potential rate cut by the Federal Reserve later in the year. Despite this, major tech shares experienced losses, with Nvidia dropping by 5.57 percent and Tesla by 8.44 percent. In Seoul, Samsung Electronics and SK hynix, two leading tech companies, saw declines of 2.63 percent and 3.53 percent, respectively. Conversely, pharmaceutical firms such as Samsung Biologics and Celltrion saw increases of 0.49 percent and 1.13 percent, respectively. The local currency was trading at 1,373.7 won against the US dollar, marking a 5.1 won increase from the previous session's close. The Seoul shares market opened lower on Friday, mirroring the declines witnessed on Wall Street. The Korea Composite Stock Price Index fell by 0.82 percent in the early trading session, following overnight losses in major US indices. The drop in the US inflation for June, the first decline in over a year, has raised hopes for a potential rate cut by the Federal Reserve later in the year. However, despite this positive economic indicator, major tech shares experienced losses, contributing to the downward trend in the market. In Seoul, leading tech companies like Samsung Electronics and SK hynix saw declines, while pharmaceutical firms such as Samsung Biologics and Celltrion started higher. The local currency also saw a slight increase in value against the US dollar, trading at 1,373.7 won.