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Markets rattled by North Korean missile launch

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After North Korea launched a missile over Japan into the Pacific Ocean, worldwide markets took notice.

South Korea's benchmark Kospi index dropped by over 1 percent in early trading Tuesday before settling a bit to close down 0.2 percent. Japan's Nikkei dipped by 0.5 percent.

U.S. stock futures indicates benchmark indexes could fall by as much as 1 percent at the open.

Read more from CNNMoney.

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