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Asian and Pacific markets experienced a sharp decline, with the South Korean KOSPI index plunging by 8.4%, leading to a trading halt, and the Japanese Nikkei index dropping by 4.5%. The losses came amid regional tensions due to Iran's missile attack in response to Israel's strike in Lebanon, raising concerns about the stability of the ceasefire between Washington and Tehran. Additionally, U.S. stock futures declined, with the Nasdaq index performing worse by over 4%, amid fears that these tensions could impact global markets.
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