Stocks drop, oil rises after Trump Iran threat

The remarks fanned geopolitical concerns and cast a pall over a tentative rebound in markets following an AI-fuelled sell-off earlier in the month. Traders are also looking ahead to the release of US data later in the day that will provide a fresh snapshot of the world's top economy. A slew of forecast-beating figures over the past few days have lifted optimism about the outlook but tempered expectations for more interest rate cuts. The US president told the inaugural meeting of the "Board of Peace"...