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1. WTI Crude Oil surged 4% fueled by escalating geopolitical tensions in the Middle East after an Iranian missile incident.
2. South Korean stock markets faced significant turmoil, with KOSPI and KOSDAQ indexes triggering circuit breakers and plummeting over 8%.
3. The Hang Seng Index and several Hong Kong tech stocks surged significantly, while the storage sector and other Chinese tech indexes experienced declines.
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1. President Trump suggested a deal with Iran will be announced soon, potentially pressuring oil prices by bringing "free oil" to the market.
2. Netflix (NFLX) shares plummeted 9.5% in pre-market trading after releasing a weak second-quarter profit forecast and a co-founder's departure.
3. The Hong Kong Stock Exchange has proposed a major change by shortening the stock settlement cycle from T+2 to T+1 to improve market efficiency.
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