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0 0.00345572354211656 0.000863930885529139 -0.00107991360691154 -0.00356371490280776 -0.0113390928725702 -0.0126187904967604 -0.00615550755939533
Stock impact report

Oil shock tests inflation bets as Iran conflict rattles global markets [Wealth Professional (Canada)]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Oil's surge past US$80 a barrel has turned the Iran war from a geopolitical headline into a direct stress test for inflation, rate expectations and risk assets. Canadian and US stocks fell Thursday after a brief respite, as financial markets tracked every tick in crude. BNN Bloomberg reports that the S&P/TSX composite index dropped 332.89 points to 33,609.97, with all sectors negative except technology and basic materials the biggest drag. In New York, the Dow Jones industrial average fell 784.67 points to 47,954.74, the S&P 500 declined 38.79 points to 6,830.71, and the Nasdaq composite slipped 58.50 points to 22,748.99. Intraday, the damage ran deeper. CNBC says the Dow was down more than 1,100 points, or about 2.4 percent, at its nadir, with Boeing, Caterpillar and other global growth proxies leading the selloff. The 30-stock index dropped about 1,000 points almost exactly as oil crossed the US$80-per-barrel threshold, while the S&P 500 and Nasdaq were each down around Show less Read more
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