TheStreet's Stock Market Today for Mar. 4, 2026: This is the day of panic in Asian markets as the Iran conflict escalates. South Korea's KOSPI is experiencing the steepest decline in Asia, with a nearly 11.5% drop, making it the worst two-day stretch for the country's market since 2008. The Korean won also hit a 17-year low due to concerns about the impact on energy imports from the Middle East. Other Asian markets, including Thailand, Taiwan, Japan, and India, are also seeing declines. The Stoxx 600 is also expected to join in the European market's declines, with the S&P 500 and the Russell 2000 futures expected to fall further.