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Global Markets: Stocks on edge, oil soars on escalating Middle East tensions

Reuters  |  TOKYO 

By Hideyuki SanoTOKYO (Reuters) - Asian stocks came under pressure on Thursday as the threat of imminent U.S. military action in Syria rattled investors and sent oil prices to their highest levels since late 2014 on concerns about supply.MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 percent while Japan's Nikkei was down slightly.On Wednesday, the S&P 500 lost 0.55 percent and the Nasdaq Composite dropped 0.36 percent while energy shares gained more than 1 percent on rising oil prices.Trump declared that missiles "will be coming" in Syria, taunting Russia for ...

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First Published: Thu, April 12 2018. 09:42 IST