Markets Plummet on Iran Tensions

0:00Markets took a nose dive in Canada and the U.S. right out the gate today, after President Donald Trump promised to crank up the pressure on Iran. Oil prices surged past $110 a barrel, with the May crude contract jumping $13.1 to $113. Dollars in 13 cents. The S&P-slash TSX composite index dropped 288 points in 74 cents, landing at 32,600. 69 points and 21 cents. Over in New York, the Dow plunged 573 points and 63 cents to 45,992 points and 11 cents. Traders got jittery fast, dumping stocks amid fears of wider Middle East chaos that could choke oil supplies. The S&P 500 fell 82 points and 41 cents to 6492 points and 91 cents, while the Nasdaq shed 388 points and 9 cents, closing at 21,452 points and 86 cents.

1:05The Canadian Dollar Weekend II, trading at 71 cents in 8400s, U.S., down from 72 cents the day before. Gold took a hit as well, with the June contract sliding $198.90 to $4,614. Dollars and 20 cents announced. Eyes stay glued to the headlines as this Iran standoff heats up, could spill more wild swings ahead for your portfolio. That wraps Canada News today, brought to you with AI.