(Bloomberg) -- Stocks fell and oil rallied after President Donald Trump declared the ceasefire between the US and Iran over amid an escalation in hostilities in the Middle East. South Korea’s Kospi Index entered a bear market.

A divided market turns broadly lower on the prospect of renewed hostilities.

(Bloomberg) -- Stocks fell and oil rallied after President Donald Trump declared the ceasefire between the US and Iran over amid an escalation in hostilities in the Middle East.…