Markets Slide on Trump's Iran Comments

0:00It's March 26. This is Canada News Today, powered by AI, Canadian and U.S. stock markets slid during late morning trading today, drag lower by weakness in base metals and technology shares. The S&P-slash TSX Composite Index dropped 72 points to 32,310. Over in New York, the Dow Jones Industrial Average fell 92 points to 46,337, the S&P 500. Ease 45 points to 6,547, and the NASDAQ tumbled 235 points to 21,695. The pullback followed sharp comments from U.S. President Donald Trump, who urged Iran to get serious about talks to in the Middle East conflict. Investors appeared jittery over the escalating tensions, with broader market sentiment turning cautious as geopolitical risks weighed on riskier, assets. On the commodities front, crude oil for May delivery climbed nearly $4 to $94 per barrel,

1:00while April gold futures plunged. Over $100 to $4,449 an ounce. The Canadian dollar weakened slightly to 72 cents U.S., reflecting the days on certain mood as trading continues.