Ahead of Market: 10 things that will decide stock market action on Tuesday - The Economic Times

• On July 13, Japanese and South Korean stock markets experienced a "Black Monday" characterized by extreme volatility and sharp declines. • The South Korean KOSPI plunged more than 8%, triggering circuit breakers, while the Nikkei 225 fell nearly 2%.

• SK Hynix shares plunged over 12% in Seoul on July 13, triggering a circuit breaker, while Samsung Electronics saw a decline of more than 8%. • The sell-off spread to Taiwan's market, causing memory chip stocks like Nanya Technology and Winbond to reverse their initial gains and turn negative.

• India's consumer price index rose to 4.38% in June, marking the first time inflation has exceeded the Reserve Bank of India's (RBI) 4% target in 17 months. • The figure surpassed the median economist estimate of 4.20%, although it remains within the central bank's broader tolerance band of 2% to 6%.

• On July 12, 2026, major Asian stock indices opened lower, with the Nikkei 225 dropping 0.2% to 68,410.63 points and the South Korean KOSPI falling 0.9% to 7,412.03 points. • The declines are attributed to ongoing market concerns and a cautious sentiment among investors navigating current economic uncertainties.

• The KOSPI index plummeted nearly 9% on the 13th, falling below the 7,000 mark in a session dubbed "Another Black Monday." • The crash was primarily driven by a massive sell-off in semiconductor giants Samsung Electronics and SK hynix, with the latter recording its biggest drop in history.

• The KOSPI index plunged nearly 20% in just 15 days, dropping from 8,476.48 at the end of last month to 6,806.93 on the 13th, driven largely by declines in Samsung Electronics. • Despite the market drop, semiconductor exports remain strong, with Korea Customs Service data showing a 193% increase from July 1 to 10 compared to the previous year.

• South Korea's KOSPI index exited bear market territory following a 5% jump on Friday, recovering from a 20% decline from its June peak. • Despite recent volatility, the index remains the world's top-performing market with a significant 76% year-to-date gain.

• South Korea's KOSPI index triggered a circuit breaker as a significant selloff in AI-driven technology stocks swept across Asian markets. • Key industry players were impacted, with Taiwan Semiconductor Manufacturing slipping about 2% and Foxconn Technology Co Ltd easing roughly 1.6%.

• The KOSPI index plummeted over 8% today, driven by a massive sell-off in semiconductor and technology stocks. • Analysts attribute the crash to mechanical factors, including algorithmic trading and forced liquidations, rather than a fundamental collapse of the South Korean economy.

• Investors and analysts are criticizing Federal Reserve Chairman Kevin Warsh for failing to provide clear guidance on how he would react to various economic challenges. • Warsh has intentionally obscured his policy framework to avoid signaling future interest rate movements, leaving policymakers and markets without a predictable roadmap.

• Wharton expert Courtney Wiegand explains the relationship between the Congressional budget process and financial market responses. • The analysis highlights how equity markets react more positively when the "discount rate channel" is muted, allowing the boost to expected corporate cash flows to drive prices.