SK Hynix (SKHY.O) saw intraday gains quickly pare to 1.7% before rebounding; currently up 2.6% after earlier peaking above 4%.

U.S. President Trump said the U.S. should derive more benefit from Iran than from Venezuela.

China stocks closed lower after a weak open and a midday rebound that gave way to renewed selling. Shanghai Composite fell 0.82%, Shenzhen Composite fell 1.21% and the ChiNext Index fell 2.73%. Turnover across Shanghai and Shenzhen topped 1.7 trillion yuan; over 3,300 stocks declined. The livestock sector outperformed and baijiu concepts were strong. The battery sector spiked intraday then retreated. Compute-power hardware names were weakest and led the market lower, with CPO, PCB and high-speed copper cabling/connectors among the heaviest decliners.