Asian markets experience heavy declines
U.S. stock futures and Asian markets declined amid escalating tensions between Iran and Israel. Iran launched rockets toward Israel, which responded with strikes on areas within Iran. This also led to a drop in major indices like the Dow Jones and Treasury bonds, amid concerns over the escalation of the war in the Middle East and its impact on global markets. Last week, U.S. stocks experienced sharp losses following strong employment data and expectations of further inflationary pressures that could influence the market.
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