TRI is trading at $88.86 (-4.30%) as escalating U.S.-Iran tensions in the Strait of Hormuz trigger a broad market sell-off.
- Iranian forces seized two container ships on April 22, driving oil prices above $102/barrel and dampening investor appetite for risk.
- While there is no company-specific news for Thomson Reuters, the stock is tracking lower alongside the tech and semiconductor sectors due to heightened geopolitical instability.
- Major indices are currently mixed to slightly down as the market reacts to the Middle East conflict and mixed earnings reports from other sectors.