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Markets Slide on Trump's Iran Comments

Published 5 days, 23 hours ago
Description

Stock markets in Canada and the U.S. experienced a downturn today, influenced by weakness in base metals and tech shares. The S&P/TSX composite index dropped 72 points to 32,310. In New York, the Dow Jones industrial average fell 92 points to 46,337, the S&P 500 eased 45 points to 6,547, and the Nasdaq tumbled 235 points to 21,695. The decline followed President Trumps comments on Iran, causing investors to grow cautious amid escalating geopolitical risks. Crude oil for May delivery climbed nearly $4 to $94 per barrel, while April gold futures plunged over $100 to $4,449 per ounce. The Canadian dollar weakened slightly to 72 cents U.S.

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