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US-Iran war extends slide

Melisa R. H. Posted On March 5, 2026
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The Mideast war continued to hang over the market on Thursday. The TSX sank another 0.98%, the S&P fell 0.56%, the Nasdaq down 0.26% and the Dow tumbled 1.61%. Silver dipped 1.8% to US$81.95, gold lost US$64 to US$5,075 while WTI jumped another 5.8% to US$79.

Only tech and one other sector gained in Toronto while materials and healthcare suffered heavy losses. Major movers in Toronto: Methanex 7.08%, Strathmore 5.68%, First Quantum Minerals -8.36%, Ero Copper -8.96% and Capstone Copper -9.65%. In New York: The Trade Desk 18.36%, 13.44%, Corning -6.97%, Southwest Airlines -6.89% and Moderna -6.87%. Bitcoin sank 2.9% to US$71,220.

🧫 Methanex Corp (MX-T) +7.08%

⛏ Strathmore Plus Uranium Corp (SUU-X) +5.68%

⛏ First Quantum Minerals (FM-T) -8.36%

🥉 Ero Copper Corp (ERO-N) -8.96%

🥉 Capstone Copper Corp (CS-T) -9.65%

💾 Trade Desk (TTD-Q) +18.36%

🧬 Corning Inc (GLW-N) -6.97%

🛫 Southwest Airlines (LUV-N) -6.89%

💉 Moderna (MRNA-Q) -6.87%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -2.9%

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