Fed chair Kevin Warsh said he has heard that households and businesses lack patience.

Fox News reported US President Trump said he would let them continue talks on Iran.

Finance Minister Koo Yoon-cheol apologized to a lawmaker on Wednesday after two consecutive circuit-breaker halts in Korean stocks, saying the government regretted introducing a single-stock leveraged ETF without sufficient deliberation. Koo said officials are internally studying market-stabilization measures and that further adjustments to rules on single-stock leveraged ETFs are possible to address volatility. The KOSPI plunged as much as 12% intraday following an early-session drop of over 6%, later narrowing to around an 8% decline. Index heavyweight SK Hynix fell as much as 17% after earnings before trimming losses to roughly 8%.