In Asia, South Korea’s benchmark Kospi index was up 3.3% to 8,471.02, recovering from its 10% decline on Tuesday. Shares of memory chipmaker SK Hynix, one of the country’s most valuable stocks, climbed 1%. Samsung Electronics jumped 9.8%, after Tuesday’s 12.3% plummet.

Tokyo’s Nikkei 225 lost 0.9% to 69,174.97 after falling 3.6% on Tuesday.


Taiwan’s Taiex, which is also heavily influenced by tech shares, fell 2.2%.

Hong Kong’s Hang Seng was 0.3% higher at 23,412.18. The Shanghai Composite index was up 0.1% to 4,110.81. Australia’s S&P/ASX 200 edged up 0.2% to 8,808.40.

The declines in Asian markets, including Japan’s, followed Tuesday’s 1.4% drop for Wall Street’s benchmark S&P 500 index. The technology-heavy Nasdaq composite fell 2.2%, while the Dow Jones Industrial Average ended 0.1% lower.