Dow Jones dropped significantly as US President Donald Trump threatened Bombardier's market access. This escalation followed Canada's refusal to certify American Gulfstream jets, sparking counter tariffs. Brent crude futures rose above ninety-seven dollars a barrel after Houthi attacks on Saudi oil infrastructure. Higher energy prices are increasing inflation concerns ahead of the Fed's interest rate decision. European and Japanese central banks are expected to raise their interest rates soon.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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