▲ Financial data is displayed on a screen at the dealing room of Hana Bank in Seoul on Sept. 1, 2026. (Yonhap)

SEOUL, Sept. 2 (Yonhap) -- South Korean stocks started sharply lower Wednesday, tracking losses on Wall Street, as the United States and Iran continued exchanging military attacks, which pushed up oil prices.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 210.33 points, or 3.08 percent, to 6,625.47 at the opening bell.

Overnight, major U.S. stocks closed lower as a new round of U.S. military strikes on Iran pushed up oil prices and fueled concerns over inflation in the world's largest economy.

Inflation worries stoked a government bond selloff, as the benchmark 10-year U.S. Treasury yield rose to the highest point since January last year.

The Dow Jones Industrial Average fell 0.79 percent, and the S&P 500 lost 0.71 percent. The tech-heavy Nasdaq composite dropped 1.03 percent.

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