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TSX Slips on Mining Weakness as Wall Street Holds Near Record Highs Ahead of Jobs Data

  Tuesday, June 30, 2026 Canadian and global markets are wrapping up the second quarter on a cautious note, with the TSX pulling back on gold and mining weakness even as Wall Street rides the momentum of Monday's record-setting session into the holiday-shortened week. Here's how every major market is positioned heading into Thursday's critical U.S. jobs report. 🇨🇦 TSX The S&P/TSX Composite fell 0.4% in its most recent session to close at 34,824, weighed down by losses in mining and technology. Gold prices declined as easing geopolitical tensions reduced safe-haven demand, pressuring miners — Agnico Eagle and Wheaton Precious Metals each fell more than 2%, while Franco-Nevada dropped 3.6%. Tech shares also underperformed despite a strong session on Wall Street, with Shopify down 2%. On the upside, financials advanced as oil prices held near pre-conflict levels following the U.S.-Iran truce: RBC gained roughly 1%, while TD Bank and BMO each rose 0.6%. Investors are now...

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Global IT Systems Recover After Major Outage Caused by Faulty Software Update

   

                                          

Businesses and services worldwide are gradually returning to normal after a massive IT outage caused by a faulty software update from cybersecurity firm CrowdStrike. The update, which was not the result of a cyberattack, led to widespread disruptions across various sectors, including airlines, banks, healthcare, and media.

The issue began when a defect in a content update for CrowdStrike’s Falcon Sensor software caused Windows computers to crash, displaying the infamous “blue screen of death.” This malfunction affected numerous organizations globally, grounding flights, disrupting banking services, and causing delays in healthcare and other critical services.

CrowdStrike’s CEO, George Kurtz, apologized for the disruption and assured that a fix had been deployed. However, the recovery process is expected to take some time as businesses work through backlogs and other issues caused by the outage.

The incident has highlighted the vulnerabilities in the world’s interconnected technologies and the need for better contingency plans to prevent such widespread disruptions in the future.


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