The Globe and Mail reports in its Thursday edition that U.S. President Donald Trump said Wednesday that negotiations with Iran were in the final stages, while warning of further attacks unless Iran agrees to a deal. A Reuters dispatch to The Globe says Mr. Trump gave Iran a few days to produce the "right answer" to his demands. The U.S. dollar fell from a six-week high, while U.S. crude fell $5.89 to settle at $98.26 a barrel (all figures U.S.). Brent dropped $6.26 to settle at $105.02. There were also tentative signs of easing pressure from the Gulf on Wednesday, as two Chinese oil tankers exited the Strait of Hormuz, shipping data showed. The yield on benchmark U.S. 10-year notes fell 9.4 basis points to 4.576 per cent, from 4.669 per cent late on Tuesday. Nasdaq led gains on Wall Street, up 399.65 points, while consumer discretionary was up the most among S&P 500 sectors. The Dow rose 645.47 points to 50,009.35, the S&P 500 rose 79.36 points, or 1.08 per cent, to 7,432.97.MSCI's gauge of stocks across the globe rose 9.86 points to 1,101.65. The pan-European STOXX 600 index rose 1.46 per cent. The S&P/TSX Composite Index rose 420.58 points to 34,161.82. The Canadian dollar traded for 72.72 U.S. cents.
© 2026 Canjex Publishing Ltd. All rights reserved.