Asian markets rise as Wall Street is closed
Stock markets in Asia rose amid escalating tensions between the United States and Iran, with the Japanese Nikkei index up by 1% and the South Korean Kospi increasing by 3.09%. These gains occurred amid exchanges of hits between the two sides and reports of U.S. targeting Iranian oil tankers, while the U.S. Energy Secretary confirmed that reaching a nuclear deal with Iran may be delayed or currently impossible. Meanwhile, Wall Street markets and the bond market remain closed in observance of Labor Day, as tensions in the Middle East continue.
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