Trump's Iran Speech Sparks Market Turmoil

0:00President Trump dropped the bombshell and his first big speech since the Iran conflict kicked off, saying the U.S. will keep slamming Iran hard, and finished the job real soon now that key goals are almost done, with military ops possibly wrapping up shortly. Asian markets took a hit right after, with Tokyo's Nikkei down 1.4% to 53,481 South Teriyas. Kospi dropping 3.4% to 5,292.36, and Hong Kong's Hong saying of 0.8% to 25,082.59. U.S. futures slid more than 0.9%, while oil prices shot up sharp, Brin Crew jumped 5% to 106 dollars. 22 cents per barrel, and U.S. Crew'd rose 4.2% to 104 dollars 36 cents a barrel. Gold dipped 2% to 4,718 dollars, and 90 cents an ounce.

1:00Just yesterday, stocks had climbed on hopes the war might end, in 2-3 weeks after Trump's earlier comments, pushing the S&P 500 up 0.7% to 6,575.32, the Dow up 0.5% to 46,05. 165.74, and NASDAQ up 1.2% to 21,840.95. Trump skipped any talk on the deadline for reopening the straight-of-horn moves, or a real plan to fix those oil supply jams, driving prices sky high. So, traders are bracing for more swings as this drags on. This has been Canada News Today, powered by AI.