Japanese and South Korean stock markets closed higher, with the Korean stock index briefly plunging during the session

The Nikkei 225 index closed up 500.77 points, or 0.74%, at 67,743.50 on Tuesday, July 14. Among stocks, Kioxia rose 5.3%, and SoftBank gained 2.2%. The Korea KOSPI index closed up 49.9 points, or 0.73%, at 6,856.83 on Tuesday, July 14, after briefly falling more than 5% during the session. The KOSDAQ index closed down 1.92%, after briefly dropping over 5% and triggering a suspension of program trading. In individual stocks, SK Hynix closed up 3.6%, and Samsung Electronics rose 3.3%.