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TSX Surges to New Heights, Extending Winning Streak to Nine Days

The Toronto Stock Exchange (TSX) continues its impressive rally, closing at yet another record high as its winning streak stretches to nine consecutive trading days. The benchmark S&P/TSX Composite Index  rose 0.3% , adding 74.4 points  to settle at 25,971.9 .  This latest surge marks a 2.4% weekly gain , reinforcing investor optimism amid strong performances across multiple sectors. Healthcare led the charge with a 1.2% increase , while Basic Materials saw a slight dip of 0.2% .  Market analysts attribute the sustained momentum to robust corporate earnings, stable commodity prices, and easing trade tensions . With 74% of TSX-listed stocks closing higher , the bullish sentiment remains strong, fueling expectations for continued growth in the coming weeks.  Investors will be watching closely to see if the TSX can maintain its upward trajectory and extend its streak into double digits.

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Tragedy Strikes: Israeli Air Strike Claims Lives at Gaza Aid Center

 

In a devastating incident, eight Palestinians lost their lives during an Israeli air strike on a training college near Gaza City. Witnesses report that the college was being used to distribute aid to displaced families. The strike targeted part of an industrial college run by the U.N. Palestinian refugee agency UNRWA. The situation remains tense as Israeli tanks continue to advance into the southern city of Rafah.

The victims included individuals who were seeking aid, filling water, or receiving coupons. A Reuters photographer captured the aftermath, with bodies wrapped in blankets awaiting removal from the rubble. The injured, thankfully, are in stable condition. Israel’s ongoing war in the Hamas-administered enclave has intensified, focusing on areas yet to be seized: Rafah and the region surrounding Deir al-Balah.

As the conflict persists, civilians bear the brunt of violence. Families in the Mawasi displaced persons’ camp have been forced to flee, seeking safety in Khan Younis. The Israeli military claims to have targeted weapons stores and tunnel shafts while engaging in fierce fighting with Hamas-led fighters. Meanwhile, the armed wings of Hamas and the Islamic Jihad movement continue their attacks on Israeli forces.

This tragic event underscores the urgent need for peace and humanitarian assistance in the region. The toll on innocent lives cannot be ignored, and the international community must work towards a lasting resolution to prevent further loss and suffering.

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