[MARKET UPDATE] Asia-Pac stocks are lower in a mild pullback after the prior day's ceasefire-spurred bonanza

Asian stocks are experiencing a mild pullback following a significant rally spurred by the previous day's ceasefire announcement. This suggests that while there was exuberance around the geopolitical news, traders are now reassessing their positions, which might indicate a cautious approach moving forward. Look for sectors or assets that typically react to geopolitical shifts, as this pullback may influence broader risk sentiment in global markets.