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Markets Wrap: TSX Hits Record High, Wall Street Mixed Ahead of Jobs Day — June 5, 2026

  Canadian equities close at all-time highs on geopolitical optimism; U.S. futures dip as investors brace for May employment data; oil hovers near $95. Friday, June 5, 2026  |  MoneySavings.ca / Canadian Money Brief 🍁 Canada: TSX Hits Record Close Canadian equities had a standout session on Thursday, with the S&P/TSX Composite Index climbing 1.2% to a record closing high of 35,217 — its best finish ever. The rally was fuelled by improving global risk sentiment following reports of a conditional ceasefire between Israel and Lebanon, which stoked hopes that a broader agreement involving Iran could eventually be reached. Healthcare, industrial, and financial stocks led the advance. Among the top gainers were Royal Bank of Canada (+1.9%) , Toronto-Dominion Bank (+1.2%) , Agnico Eagle Mines (+2.9%) , and Barrick Mining (+2.1%) . On the downside, TransAlta and Transcontinental were the day's weakest performers, falling roughly 10% and 9.8%, respectively. On the currency f...
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China’s Stance on NATO’s Accusations

In a recent statement, China has firmly opposed NATO’s characterization of the nation as a “decisive enabler” of Russia’s ongoing conflict in Ukraine. The Chinese Foreign Ministry spokesperson denounced NATO’s claims as unfounded and cautioned the alliance against instigating turmoil in Asia, similar to the chaos in Europe. China maintains that its trade relations with Russia are legitimate, conforming to World Trade Organization rules, and insists that its stance on the Ukraine issue is impartial and objective.

  • Rejection of NATO’s Claims: China rejects the notion of being an enabler of the war in Ukraine, emphasizing the legitimacy of its trade with Russia.
  • Warning Against Chaos: The spokesperson warned NATO not to transfer the chaos it created in Europe to the Asian region.
  • Call for Non-Interference: China urges NATO to refrain from meddling in its internal affairs and to stop smearing its image.
  • Defense of Trade Practices: The country defends its trade practices with Russia as reasonable and based on international rules.

China’s response comes as a rebuttal to NATO’s recent communique, which urged China to cease all material and political support to Russia’s war efforts. The exchange highlights the growing tensions between China and NATO amidst the backdrop of the Ukraine conflict.



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