CNBC Daily Open: Israel-Hamas war will have a limited effect on markets

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CNBC Daily Open: Israel-Hamas war will have a limited effect on markets
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Major indexes rose despite the geopolitical upheaval in the Middle East. Analysts think markets have already digested the implications of the conflict.

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribemostly followed Wall Street higher Tuesday. Japan's Nikkei 225 popped around 2.5%, led by gains in energy stocks and trading houses. However, mainland China's Shanghai Composite dipped 0.5%.

"So there's dust going up, and now the dust is coming back down," Rathbun said."I think it will take a few days to really understand where the impact actually is." "As long as … diplomatic efforts continue to focus on keeping the conflict contained, the market looks at it and says, we've seen this before," said Quincy Krosby, chief global strategist at LPL Financial.

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