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TSX Steadies After Bond Rout | Canadian Money Brief — May 19, 2026

  TSX Steadies After Bond Rout — But Iran Uncertainty Keeps a Lid on Gains Canadian equities attempt a cautious bounce this morning after last week's sharp sell-off. Oil near US$100 props up energy shares, while gold cools in Canadian-dollar terms and the loonie holds a fragile grip at 72–73 cents US. Canadian Money Brief  ·  moneysavings.ca  ·  May 19, 2026 TSX ~34,020 ▲ Recovering CAD/USD $0.727 → Flat WTI Oil ~US$100 ▲ Elevated Gold (CAD) ~$6,243/oz ▼ Pullback BoC Rate On Hold → Patient Overview Canadian markets opened cautiously higher this Tuesday after the S&P/TSX Composite suffered its worst single-session drop in weeks on Friday, closing at 33,833 — a decline of 1.27% — as a global bond-market selloff combined with stalled US–Iran negotiations hammered sentiment. Today's session opened around 34,027 , with the index trading in a tight range of roughly 33,745 to 34,175, suggesting investors are rebuilding positions but remain wary. The dominant story...

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Democratic Dynamics: Harris Gains Momentum as Key Figures Hold Back

 

As the 2024 presidential race unfolds, Vice President Kamala Harris appears to be consolidating support within the Democratic Party, following President Joe Biden's decision not to seek re-election. A surge of endorsements has come from various Democratic figures and groups, signaling a strong backing for Harris's candidacy. However, notable absences in this wave of support are former President Barack Obama and Speaker Emerita Nancy Pelosi, whose silence has become a focal point of discussion among political analysts.

While the reasons behind their reticence remain a matter of speculation, it is clear that Harris's campaign is gaining traction, with significant endorsements and a robust fundraising effort that has energized the Democratic base. The coming weeks are crucial for Harris to unify the party and present a formidable challenge to the Republican nominee. As the political landscape continues to evolve, all eyes will be on whether other key Democratic figures will voice their support or maintain their silence. The outcome of these developments could have a profound impact on the party's strategy and the general election's dynamics. Despite the uncertainty, one thing is certain: the race for the White House in 2024 is heating up, and Kamala Harris is at the forefront of the Democratic field.





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