South Korea's Blue House said it will undertake major reforms to election administration.

Philadelphia Semiconductor Index opened more than 5% higher, led by Intel (INTC.O). Micron Technology (MU.O) rose 9.6%; ASML (ASML.O) gained 5.1%; Applied Materials (AMAT.O) climbed 5%.

Responding to an EU push for partners to reduce the so-called "dependence on China," Foreign Ministry spokesman Lin Jian said on the 8th that China and the EU are deeply integrated and mutually dependent across industrial and supply chains — a result of globalization and market forces that benefits firms. He said China is open and positive about resolving China-EU economic and trade disputes, urged the EU to move toward China and resolve issues through dialogue and consultation to advance mutually beneficial trade and economic cooperation.