Markets shed reported $1 trillion as US-Iran tensions pressure TSX and crypto
AI Summary- Markets reportedly lost $1 trillion in one hour across stocks, precious metals and crypto as US-Iran tensions escalated.
- The S&P 500 fell 0.6% or a cited $414 billion, while Bitcoin declined 2.2% or $40 billion.
- The S&P/TSX fell nearly 1% toward 36,000 as weaker metals pressured miners and higher oil raised inflation concerns.