South Korea's Kospi share index falls nearly 7%, other Asian shares also mostly lower

TOKYO (AP) — South Korea’s Kospi share index dropped nearly 7% on Wednesday on prolonged selling of chipmaking shares.

The latest rout was led by a plunge in shares in chipmaker SK Hynix after its profit in the last quarter fell short of analysts’ forecasts even though it soared.

SK Hynix sank about 10% while shares in Samsung Electronics dropped more than 5%.

FILE - The New York Stock Exchange is seen in New York, Thursday, March 19, 2026. (AP Photo/Seth Wenig, File)

A person walks past an electronic board showing Japan's Nikkei index at a securities firm Wednesday, July 29, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

A person stands near an electronic board showing Japan's Nikkei index at a securities firm Wednesday, July 29, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

A screen shows the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, July 28, 2026. (AP Photo/Ahn Young-joon)

CHICAGO (AP) — Gerrit Cole pitched six shutout innings of four-hit ball and the New York Yankees beat the Chicago White Sox 3-2 on Tuesday night for their fifth victory in six games.

Anthony Volpe hit an RBI double in the second and scored on Max Schuemann's two-run double as the Yankees (61-46) moved within 1 1/2 games of AL East-leading Tampa Bay. Jasson Domínguez had two hits and reached base three times.

Chase Meidroth hit a two-run homer off New York closer David Bednar with two outs in the ninth. Bednar then struck out ex-Yankee Everson Pereira for his 22nd save.

The White Sox have lost four of five, including two consecutive games to New York. Chicago's lead over second-place Cleveland in the tight AL Central slipped to 1 1/2 games.

Cole (4-5) was dominant in his 12th start since coming back May 22 from Tommy John surgery. The six-time All-Star right-hander struck out seven and walked two.

The White Sox threatened Cole only in the fourth, when Munetaka Murakami doubled and Cole issued two walks to load the bases before Tristan Peters popped out to end the inning.

Anthony Kay (7-5) allowed three runs on five hits and a walk in 5 1/3 innings. The left-hander struck out seven.

In the second, Volpe’s run-scoring double went off Peters’ glove as the center fielder jumped high at the wall. Schuemann knocked in two more runs when he bounced a grounder high over third base.

Cole helped himself by making a circus catch on Colson Montgomery’s high popup for the first out of the second inning.

Yankees infielders Amed Rosario and Volpe raced in for the ball. New York catcher Austin Wells came out and bumped into Cole, but the right-hander fully extended his left hand and snared the popup with his glove in front of the mound. Cole stumbled and the ball flipped up in the air, but he caught it with his bare hand.

Murakami has reached base safely in a career-best 14 straight games since he was reinstated from the injured list July 10.

Yankees RHP Cam Schlittler (10-6, 2.07 ERA) faces White Sox RHP Davis Martin (9-5, 3.49) on Wednesday.

AP MLB: https://apnews.com/hub/mlb

Chicago White Sox starter Anthony Kay delivers a pitch during the first inning of a baseball game against the New York Yankees in Chicago, Tuesday, July 28, 2026. (AP Photo/Paul Beaty)

Chicago White Sox center fielder Tristan Peters misses a two-run double hit by New York Yankees' Anthony Volpe during the second inning of a baseball game in Chicago, Tuesday, July 28, 2026. (AP Photo/Paul Beaty)

New York Yankees' Anthony Volpe watches his two-run double during the second inning of a baseball game against the Chicago White Sox in Chicago, Tuesday, July 28, 2026. (AP Photo/Paul Beaty)

New York Yankees starter Gerrit Cole delivers a pitch during the first inning of a baseball game against the Chicago White Sox in Chicago, Tuesday, July 28, 2026. (AP Photo/Paul Beaty)