India, Oct. 30 -- Erasing the gains from earlier in the week, Canadian stocks tumbled on Friday due to the increasing threat of re-escalation in the Middle East following Iran's silence on a call for discussions by U.S. Vice President JD Vance amid reports of U.S. planning a large-scale attack on Iran after the November midterm elections.

After opening lower than yesterday's close, today the benchmark S&P/TSX Composite Index traded firmly negative throughout the session before settling at 35,620.03, down by 629.00 points (or 1.74%).

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