stock markets

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Global stock markets, especially in Asia and the Gulf, are experiencing sharp declines amid rising regional tensions.

Stock markets globally, particularly in the Gulf region and Asia-Pacific, have faced notable downturns, with some markets like South Korea's Kospi dropping dramatically by 10.8%. This decline is attributed to escalating geopolitical tensions impacting investor confidence. European markets have seen limited losses due to strong corporate balance sheets, while North American markets such as the S&P/TSX composite and U.S. exchanges also recorded declines, reflecting widespread market unease.