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Seoul shares snap 6-day winning streak on profit-taking; won sharply down

This photo taken on Friday shows the trading room of Hana Bank in central Seoul, with the benchmark Korea Composite Stock Price Index down 1 percent to close at 6,244.13. Photo by Yonhap

Seoul shares closed lower Friday, snapping a six-session winning streak as investors locked in profits in technology and other large-cap stocks following recent gains. The Korean won sharply fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 63.14 points, or 1 percent, to finish at 6,244.13. The index still enjoyed a weekly gain of 7.5 percent.

Trading volume was heavy at 1.14 billion shares worth 52.94 trillion won (US$36.8 billion), with decliners far outnumbering gainers 625 to 264.

The KOSPI has remained in a bullish phase since the start of the year, surpassing the 4,500-point level for the first time on Jan. 6 and crossing the 5,000-point mark on Jan. 27. It broke through the 6,000-point level Wednesday, less than a month later.

On Thursday, the index jumped 3.67 percent to finish at a record high of 6,307.27.

Institutional and retail investors purchased a net 491.99 billion won and 6.08 trillion won worth of shares, respectively, while foreign investors sold a net 6.83 trillion won.

Analysts said the decline mirrored overnight losses in U.S. technology stocks, where investors engaged in profit-taking despite strong earnings from Nvidia Corp.

The tech-heavy Nasdaq Composite fell 1.18 percent, while the Dow Jones Industrial Average edged up 0.03 percent.

“Some investors sold shares to lock in profits after the market had rallied sharply over the past six sessions,” Lee Seong-hoon, an analyst at Kiwoom Securities Co., said.

Technology stocks led the declines.

Market bellwether Samsung Electronics fell 0.69 percent to 216,500 won, and its chipmaking rival SK hynix declined 3.46 percent to 1,061,000 won.

Leading shipbuilder HD Hyundai dropped 1.02 percent to 292,500 won, and leading shipping firm HMM shed 4.26 percent to 21,350 won.

Among gainers, top carmaker Hyundai Motor jumped 10.67 percent to an all-time high of 674,000 won, and defense firm Hanwha Aerospace climbed 0.08 percent to 1,195,000 won.

Leading steelmaker POSCO Holdings jumped 1.35 percent to 413,000 won, and No. 2 steelmaker Hyundai Steel surged 19.85 percent to 46,500 won.

The Korean won was quoted at 1,439.70 won against the U.S. dollar at 3:30 p.m., down 13.9 won from the previous session.

Bond prices, which move inversely to yields, closed higher. The yield on three-year Treasurys fell 2.1 basis points to 3.041 percent, and the return on the benchmark five-year government bonds declined 3.6 basis points to 3.278 percent.

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UCLA extends winning streak to 20

From Felicia Keller: The No. 2 UCLA women’s basketball team beat Washington 82-67, extending its win streak to 20 games, clinching the No. 1 seed in the Big Ten tournament and earning at least a share of the league regular season title on Thursday night.

“It shows how hard we are working throughout the season, and we’re just going to have to continue to try to get better,” Bruins center Lauren Betts said. “Obviously it’s great, but we have bigger things that we’re looking forward to, so we’re just going to continue to keep our heads down.”

It is the Bruins’ first regular season conference championship since the 1998-99 season, when they tied for first in the Pac-10.

“To have a couple of alumni that were on that team here today, that’s really special, and I really want to compliment these guys for always having a sense of humility,” UCLA coach Cori Close said. “We walk on the shoulders of the people that came before us, and we’re just really thankful to be in the position we’re in, and in the number one net conference in the country for women’s basketball.”

Betts scored a game-high 23 points and was one of five UCLA players to finish with double-figure scoring, while Washington freshman Brynn McGaughy recorded the second-highest point total of her college career with 19. Avery Howell scored 17 points and led the Huskies with seven rebounds.

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UCLA box score

Big Ten standings

USC women get a scare in victory

From Ryan Kartje: Through a stellar debut season, freshman Jazzy Davidson has done everything for USC that was asked of her. She’s led the Trojans in scoring, in rebounds, in blocks, in assists, in steals. She’s been their best defender, their most clutch performer. Six times, she’s won Big Ten freshman of the week.

Her star turn had helped turn the Trojans around in recent weeks, powering a season-long win streak that was extended to six with a 66-59 victory over Wisconsin on Thursday. She’d already turned in another in a season’s worth of extraordinary performances, when Davidson landed awkwardly in the final minutes and a searing pain shot through her calf.

The pained look on the freshman’s face and the hush of the Galen Center in those first few seconds was enough to transport at least some of the USC faithful in the crowd back to last March, when Trojan superstar JuJu Watkins injured her knee not far from the same spot. The feeling of dread only worsened as teammates carried her first to the sideline, where coaches and trainers eventually carried her to the locker room.

Considering all the unfortunate twists of fate for USC over the last year, it was impossible not to, for a moment at least, assume the worst. But not long after, Davidson strode into the postgame news conference room no worse for the wear.

“Based on the 30 texts I’ve gotten,” coach Lindsay Gottlieb said, “Jazzy is OK.”

Cramps, it turned out, were the culprit.

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USC box score

Big Ten standings

Big Three ready for Lakers

From Broderick Turner: The Lakers had just completed practice Thursday with a full and healthy squad when Luka Doncic strolled over to speak with the media.

Doncic had played only five minutes Sunday for Team World in the All-Star Game because of a lingering left hamstring strain. He missed the previous four Lakers games.

With the Lakers’ season scheduled to restart against the Clippers on Friday night at Crypto.com Arena, Doncic was asked if he would be playing.

“Probably,” he said. “We’ll see. I got to talk to people.”

Since Doncic practiced, he was asked how he was doing and how his hamstring felt.

“I’m good,” he said. “Feeling good.”

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Lon Rosen to take over business operations for the Lakers

Bennedict Mathurin helps Clippers edge the Nuggets

Bennedict Mathurin scored 38 points in his home debut for Los Angeles and the Clippers held off the Denver Nuggets 115-114 on Thursday night.

Denver’s Jamal Murray had a chance to tie it on three free throws with 0.9 seconds remaining after a foul from Derrick Jones Jr. Murray made the first two before missing the third, with time expiring on the rebound.

Kawhi Leonard added 23 points, and Jones had 22 to help the Clippers (27-28) improve to 21-7 since Dec. 20. Both teams were coming off the All-Star break.

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Clippers box score

NBA standings

Mookie Betts feels ready for resurgence

From Jack Vita: Dodgers manager Dave Roberts did not hesitate when asked about his expectations for Mookie Betts.

“He will be in the MVP conversation this year,” Roberts said this week. “But again, I think, speaking for Mookie, his main goal is to help us win a championship. So, I think whatever falls out from there, I think that will happen. I just want him to focus on just being healthy, helping us win, and then whatever happens outside of that, will happen.”

Coming off a season that got off on the wrong foot with a stomach virus that caused him to lose 20 pounds and then saw him set career lows for batting average (.258), on-base percentage (.326) and OPS (.732), Betts is eager to move forward. And with a more typical spring training timeline this year — unlike the previous two years when season-opening games in South Korea and Japan sped up preparations — Betts can ease into his seventh season with the Dodgers.

“I haven’t had a regular spring maybe since I’ve been a Dodger,” said Betts, who also won’t be participating in the World Baseball Classic as he did in 2023. “I just know that, being 33 now, I don’t have to hurry up and get here, and be ready to play from day one. So, I can just kind of embrace that. Not everybody’s blessed to have that, so being that I am one of the ones that’s blessed with that, I’ll see what I can make of it.”

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Rain is the winner at Genesis Invitational

From Steve Galluzzo: The roars were back at The Riv on Thursday… and so was the rain.

After a four-birdie spree on the back nine, Englishman Aaron Rai vaulted into the lead at six-under-par through 16 holes before the horn sounded to suspend play at 5:41 p.m. He and 29 others will finish their first rounds when play resumes Friday morning at the Genesis Invitational.

Unfazed by a nearly three-hour weather delay, Jacob Bridgeman fired a five-under-par 66 and shares the clubhouse lead with the No. 2-ranked player in the world Rory McIlroy.

“Awesome course,” Bridgeman said as he left the press tent. “Played it yesterday for the first time and I love it!”

Making his tournament debut, Bridgeman carded four birdies on the back nine, the last at No. 17, to pull even with McIlroy at five-under, and parred the 18th to take the clubhouse lead. The 26-year-old South Carolinian is ranked 52nd — the highest he has been since turning pro four years ago — but has never won on the Tour.

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Genesis Invitational leaderboard

This day in sports history

1887 — The International Assn., the first minor league baseball association, is organized in Pittsburgh.

1951 — The college point-shaving scandal prompts Long Island University to drop basketball and all other intercollegiate sports. LIU revives basketball in 1957.

1971 — En route to a record 76-goal season, Boston’s Phil Esposito becomes the first player to score his 50th goal in February, but the Bruins lose to the Kings 5-4.

1972 — Larry Brown of the Denver Rockets sets ABA records for assists in a game (23), half (18) and quarter (10) during a 146-123 home win over the Pittsburgh Condors.

1974 — Gordie Howe, the NHL’s career scoring leader, comes out of retirement and signs a $1-million, four-year contract to play with the Houston Aeros of the WHA and sons Mark and Marty.

1976 — Muhammad Ali beats Jean-Pierre Coopman with a fifth-round knockout at the Roberto Clemente Coliseum in Puerto Rico to defend his world heavyweight title.

1988 — In Calgary, Brian Boitano of the U.S. wins the Olympic figure skating gold medal on a technical merit tiebreaker and nearly flawless free skate.

1993 — Julio Cesar Chavez records a fifth-round TKO over Greg Haugen in a WBC super lightweight title bout before a record crowd of 130,000 at Mexico City’s Aztec Stadium.

1998 — Tara Lipinski, 15, becomes the youngest Olympic figure skating champion, beating fellow teen and U.S. teammate Michelle Kwan to take the gold. Lipinski is two months younger than Sonja Henie was in her 1928 victory.

2006 — Tanith Belbin and partner Ben Agosto end the U.S. medals drought in Olympic ice dance competition with a silver. The last to do so were Colleen O’Connor and James Millns, who won bronze in 1976.

2009 — Lindsey Van of the U.S. becomes the first female ski jumping world champion. Women’s ski jumping makes its debut at this year’s Nordic world championships in the Czech Republic. Todd Lodwick wins the opening Nordic combined event to give the U.S. two golds in one day. Before Van’s victory, the U.S. had not won a gold at a Nordic worlds since 2003 when Johnny Spillane took a Nordic combined sprint.

2010 — Switzerland’s Simon Ammann wins the large hill at the Vancouver Games to become the first ski jumper with four individual Olympic titles.

2011 — Trevor Bayne, 20, wins the Daytona 500, NASCAR’s biggest race, in only his second Sprint Cup start.

2011 — Kobe Bryant wins his record-tying fourth All-Star game MVP award, scoring 37 points before his hometown fans and leading the West past the East 148-143.

2016 — Lindsey Vonn clinches a record 20th World Cup crystal globe title and surpasses Swedish great Ingemar Stenmark. It’s Vonn’s record eighth downhill title. Stenmark won 19 globes between 1975 and 1984.

2021 — Australian Open Women’s Tennis: Naomi Osaka of Japan wins her fourth major and second Australian title; beats American Jennifer Brady 6-4, 6-3.

2022 — Hannah Green of Australia becomes first woman to win a mix-gender golf tournament over 72 holes; closes with five-under 66 for a 4-stroke win in TPS Murray River on the PGA Tour of Australasia.

Compiled by the Associated Press

Until next time…

That concludes today’s newsletter. If you have any feedback, ideas for improvement or things you’d like to see, email me at houston.mitchell@latimes.com. To get this newsletter in your inbox, click here.

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No. 2 UCLA women extend winning streak to 18 games by routing No. 13 Michigan State

Lauren Betts had 22 points, seven rebounds and five assists and No. 2 UCLA pushed its winning streak to 18 games by thumping No. 13 Michigan State 86-63 on Wednesday night.

Kiki Rice finished with 18 points and seven rebounds for the Bruins (24-1, 14-0 Big Ten). Gabriela Jaquez added 13 points, all in the first half, and Gianna Kneepkens chipped in 12.

UCLA now has nine wins over ranked opponents, six in conference play.

Rashunda Jones scored 15 points and Emma Shumate had 12 for the Spartans (20-5, 9-5), who have dropped three of their last four games. Grace VanSlooten and Kennedy Blair, the team’s top scorers entering the game, were held to a combined 18 points on six-for-25 shooting.

UCLA, which led by 31 points, outscored Michigan State 56-22 in the paint and had a 48-28 rebounding advantage.

Their matchup last season in Los Angeles wasn’t decided until late in the game, when the Bruins pulled out a 75-69 victory. Betts missed that game with a foot injury but the Spartans couldn’t avoid her imposing 6-foot-7 presence this time.

Coming off a hotly contested 69-66 victory over No. 8 Michigan on Sunday, the Bruins were in total control from the start.

UCLA scored on its six first possessions while powering to a 44-20 halftime lead, capped off by Jaquez’s three-pointer. Betts had 13 points by the break, while the Spartans were unable to get anything going in halfcourt sets or transition.

Michigan State hasn’t defeated a top-two team at home since 2005.

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Carrick extends winning run as Man United beat 10-man Tottenham 2-0 | Football News

Bryan Mbeumo and Bruno Fernandes score for ‍United while Spurs captain Christian Romero sees red for a wild challenge.

Manchester United profited from Tottenham captain Cristian Romero’s red card to stretch their perfect start under Michael Carrick to four games, with a 2-0 win at Old Trafford in the Premier League.

Goals from Bryan Mbeumo and Bruno Fernandes on Saturday ended an eight-game winless run against Spurs for the Red Devils, who cemented their position in the Premier League’s top four.

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United close to within two points of third-placed Aston Villa and open up a five-point cushion over Liverpool in sixth.

A place in the top five is likely to secure a spot in next season’s Champions League due to the strong performance of English sides in European competition.

Spurs’ hopes of qualifying for the Champions League through their league position have long since disappeared, as another damaging defeat for Thomas Frank leaves Tottenham in 14th.

But there could be lasting consequences for Romero after his ill-discipline cost his side just days after a social media outburst aimed at the club’s hierarchy.

Frank said the Argentinian international had been “dealt with internally” after he described Tottenham’s threadbare squad as “disgraceful” following the closure of the transfer window.

Romero’s future as skipper had already been called into question, and the 27-year-old will now be suspended for four matches after his second red card of the season and sixth of his Spurs career.

The centre-back lunged in to catch Casemiro on the ankle on 29 minutes after playing himself into trouble just outside the Tottenham box.

Soccer Football - Premier League - Manchester United v Tottenham Hotspur - Old Trafford, Manchester, Britain - February 7, 2026 Tottenham Hotspur's Cristian Romero fouls Manchester United's Casemiro and is later shown a red card REUTERS/Phil Noble EDITORIAL USE ONLY. NO USE WITH UNAUTHORIZED AUDIO, VIDEO, DATA, FIXTURE LISTS, CLUB/LEAGUE LOGOS OR 'LIVE' SERVICES. ONLINE IN-MATCH USE LIMITED TO 120 IMAGES, NO VIDEO EMULATION. NO USE IN BETTING, GAMES OR SINGLE CLUB/LEAGUE/PLAYER PUBLICATIONS. PLEASE CONTACT YOUR ACCOUNT REPRESENTATIVE FOR FURTHER DETAILS..
Romero is sent off after a wild challenge on Casemiro [Phil Noble/Reuters]

United had been the better side during the opening half hour, even against 11 men, and made their numerical advantage count.

Mbeumo stroked into the bottom corner for his third goal in four games since Carrick took charge, after a clever corner involving Fernandes and Kobbie Mainoo freed the Cameroon international at the edge of the box.

Amad Diallo and Matheus Cunha had goals ruled out for offside as the home side dominated but had to wait until nine minutes from time to make the points safe.

Fernandes showed Romero how to lead from the front with another fine individual display.

The United captain prodded in Diogo Dalot’s cross at the back post for his 200th goal or assist in 314 games for the club.

Carrick said before the game that United cannot afford to rush their choice of a new permanent manager.

But the former midfielder, who enjoyed a stellar playing career at Old Trafford, is making his case for that job as he continues overseeing United’s stunning turnaround in fortunes since the departure of Ruben Amorim last month.

Fernandes had plenty of praise for Carrick in a post-match interview with TNT Sports.

“The energy ⁠is different because we are winning games and when you win games, everything is brighter,” Fernandes said.

“Michael came in with the right idea of giving the players more responsibility and freedom to make decisions on the pitch. I was always sure Michael could be a great manager, and he is showing that.”

Meanwhile, it is now two Premier League wins in 16 for Frank and his Spurs side.

“I think the first 30 minutes were a good away performance,” Frank told TNT Sports after the game.

“I’m very proud of the players, the resilience, staying in the game, mentality [to] still be a threat at times, to try to create something. Very proud of them.”

Spurs keeper Guglielmo Vicario told TNT Sports that Romero had apologised to his teammates for the sending off.

“Yeah, of course, he’s disappointed, because he knows that this card could have been avoidable, and so he apologised,” he said.

“He made his mistake, but we know the player he is, and he’ll be back for sure, stronger, and he’s going to help us massively.”

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NFL MVP: Matthew Stafford to keep playing after winning 2025 award

Veteran quarterback Matthew Stafford confirmed he will keep playing for at least one more season after being named the NFL’s Most Valuable Player for the first time.

The Los Angeles Rams star was the slight favourite for the award and beat New England Patriots quarterback Drake Maye by one first-place vote.

The 37-year-old became the oldest quarterback to win the MVP for the first time and it is the 13th straight win by a QB.

Stafford had been rumoured to be considering retirement and while on stage with his four daughters in San Francisco, said: “I’ll see you guys next year.”

“It’s something I’d been thinking about, whether I wanted to keep playing or not,” he added.

“I ended the season on a healthy note, had a bunch of team-mates in the crowd and my daughters with me, so it felt like the right thing to do in the moment. I’m happy to be coming back.”

Stafford was unable to register a play-off win in 12 years with the Detroit Lions, but after being traded to the Rams in 2021, he won the Super Bowl in his first season and has now been named MVP.

The former first overall draft pick is just the second quarterback after Tom Brady (2007) to lead the NFL in touchdown passes, passing yards and touchdown-interception ratio over the past 50 seasons.

He led the Rams to the NFC Championship game but the Seattle Seahawks won to book their spot in Sunday’s Super Bowl, where they will face the Patriots in Santa Clara.

Seattle’s Jaxon Smith-Njigba was named Offensive Player of the Year at the NFL’s end-of-season awards night after leading the league for receiving yards.

New England’s Mike Vrabel won Coach of the Year having led the Patriots to the Super Bowl in his first season as their head coach.

Cleveland Browns defensive end Myles Garrett was named Defensive Player of the Year for the second time in three years after claiming the single-season sack record.

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Winter Olympics 2026: Bruce Mouat and Jen Dodds get Team GB off to winning start

The pounding music and disco lights lent a sense of occasion to the first action of this year’s Games in the high-end Italian resort of Cortina d’Ampezzo.

The snow which had hammered down all day in the Dolomites had turned to sleet by the time the four matches started in front of a healthy crowd inside the 3,500-capacity arena.

But many of those spectators were cast into darkness for four or five minutes early on until someone put some change in the meter, the scoring screens flickered back into life and play resumed.

“I didn’t mind the lights going off,” said Mouat. “It was a bit of a boogie, a rave… it was like a nightclub.”

When the dancing stopped, Norway’s husband and wife team of Magnus Nedregotten and Kristin Skaslien initially took control before the sides fell into a cagey contest.

Mouat and Dodds seized the initiative in a splendid second end – the final accounting reached after some lengthy deliberation with the measuring stick – and led 4-3 at the break after edging a tight fourth against the 2002 silver medallists.

The interval did check the momentum of the childhood friends a little, as Norway – who also won bronze in 2018 – drew level again.

Nedregotten’s flawless play was keeping Norway in it – wife Skaslien’s struggles threatening a little domestic disharmony – but even his efforts could not prevent Team GB snatching three in the sixth end thanks to a stunning Dodds throw.

That opened a three-shot lead with two ends to play.

And, although the Norwegians invoked the powerplay to cut the deficit to one, Mouat and Dodds did likewise in the last end to close out a statement 8-6 win.

“It took us a bit of time to work out one end was curling more than the other, but once we did we took a step up in performance and took control from there,” Dodds said.

“It’s a good confidence builder to start the week.”

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