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Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...
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Wall Street Sees Slight Decline Following Recent Rally

 


In the wake of a robust rally last week, Wall Street experienced a modest downturn. Amidst this financial ebb and flow, Boeing has announced a significant change in its leadership, with the CEO set to depart at the year’s end.

The financial landscape remains ever-dynamic, with investors closely monitoring the Federal Reserve’s potential interest rate cuts. The market’s pulse is also influenced by global events, such as the Bank of Japan’s recent interest rate hike—the first in 17 years—signaling a cautious yet pivotal shift in economic policy.

As the market navigates through these fluctuations, the departure of Boeing’s CEO marks a notable corporate transition, reflecting the intricate dance between executive movements and market reactions.

Investors and analysts alike are keeping a keen eye on these developments, understanding that today’s ripples can turn into tomorrow’s waves, shaping the future of the financial world.

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