Korean stocks rise, SK Hynix hits historic high.

The South Korean composite index erased its morning decline, with the increase expanding to 1%, now at 8817.86 points. SK Hynix rose more than 4%, hitting a historic high. Samsung Electronics fell by 0.6%. Battery manufacturer LG Energy surged by 1.2%. The US stock market Nasdaq and S&P 500 closed lower on Tuesday, dragged down by technology stocks; meanwhile, the Dow Jones Industrial Average set a new closing high for the second day in a row, with SpaceX's stock price soaring and becoming the fifth largest company by market value in the US.