Why Is the Crypto Market Going up Today [Live] Updates on March 3, 2026

South Korea’s stock market suffered a sharp fall on reopening, with the KOSPI dropping 7.23% and wiping out about ₩390 trillion ($270 billion) in market value. The sell-off marks the biggest single-day decline since the August 2024 yen carry trade shock. Markets had been closed on Monday for a holiday, making this the first trading session since the rising Middle East tensions. Heavy selling was driven by fears over oil supply disruptions and growing global uncertainty.

Israel’s main stock indexes climbed to fresh record highs even as tensions with Iran continue. The TA-35 Index surged 4.61% to 4,318.50, while the TA-125 Index jumped 4.75% to 4,268.43. Gains were led by defense, energy, and banking shares as investors showed confidence in the market’s strength. Meanwhile, the Israeli shekel strengthened about 1.5% against the U.S. dollar, signaling steady investor sentiment despite ongoing geopolitical uncertainty.