TSX Falls 0.5% Amid Hormuz Tensions

The S&P/TSX composite index dropped 0.6% to 33,891.18, falling 191.7 points amid renewed U.S.-Iran Hormuz tensions.
Brent crude futures rose above $110 per barrel, pressuring inflation expectations and contributing to a weaker gold price and stronger US dollar.
GameStop offered $56 billion cash‑and‑stock for eBay at $125 per share, a 20% premium, with a $20 billion TD Securities debt commitment.
Berkshire Hathaway posted 18% Q1 earnings growth and a record $397.38 billion cash pile under new CEO Greg Abel.