Dow Jones Top Markets Headlines at 3 PM ET: 'Piece of Garbage': Trump's Response to Iran's Counteroffer Sends Oil Prices Higher | Trump ...
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Trump's remarks on Iran's counteroffer have led to a rise in oil prices, while his administration is suspending beef import tariffs to combat high prices. Stock markets are seeing gains due to enthusiasm in the chip sector, but the housing market remains sluggish with flat sales. The Bank of Canada is expected to maintain interest rates until March 2027 despite inflation concerns. The U.S. Employment Trends Index showed a slight increase in April, and China's factory prices rose, influenced by global crude prices. India is urging citizens to limit gold purchases to protect foreign reserves.
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