Stocks pull back from their highs after Trump comments on possible Iran strike
The Dow Jones Industrial average retreated from its best levels on Thursday and haven assets surged as President Donald Trump used cryptic language to describe the possibility of increased hostilities against Iran. The Dow DJIA, +0.55% was most recently trading up about 120 points, or 0.4%, at 26,619, but had been at 26,761 at its intrasession peak, while the S&P 500 index SPX, +0.55% was up 0.
5% at 2,940 off its highs, after setting an intraday record at 2,956.20. The president was asked if the U.S. would strike back after Iran shot down a U.S. drone in its airspace. He said at a news conference with Canadian President Justin Trudeau: "you'll soon find out." Trump issued a tweet saying that Iran "made a very big mistake," which he repeated at the news conference.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
US envoy on Iran says Trump wants diplomacy, not warU.S. Special Envoy for Iran Brian Hook repeatedly dodges question about administration's authority to launch military action against Iran under 2001 AUMF: 'We will do everything that we are required to do.'
Consulte Mais informação »
Trump Tells His Team to Tone Down the Tough Talk on IranAlex Wong/GettyPresident Donald Trump has privately pushed his representatives to walk back their tough talk on Iran—and reiterate that the administration is not aiming to go to war with Tehran. Two senior officials and three other individuals with direct knowledge of the administration’s strategy in
Consulte Mais informação »
Trump Wanted a More Docile Iran but Has Got the OppositeU.S. policies aimed to ban uranium enrichment and stop bad behavior. So far, both have grown worse. Recent violence, continued enrichment are seen as signs the administration’s policy is backfiring, threatening a dangerous confrontation.
Consulte Mais informação »
Iran conflict could 'spiral out of control' as Trump White House plots response to drone shootingWednesday's drone shoot down is the latest in a series of escalations that threaten to push Washington and Tehran into open conflict.
Consulte Mais informação »
Iran says Donald Trump can't be trusted to make the deal he wants'The entire world recognizes the U.S. as a country reneging on its promises,' President Hassan Rouhani said on Tuesday.
Consulte Mais informação »