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Markets Update — Friday, June 26, 2026: Global Tech Sell-Off Rattles Markets as TSX Holds Firm

  Friday, June 26, 2026 — Reporting on confirmed June 25 closing data. Asian and European figures reflect Friday session activity. 🇨🇦 Canada — TSX The S&P/TSX Composite Index closed Thursday at 34,850 , up 0.3% on the day — a relatively resilient showing while Wall Street struggled with a tech-driven selloff. Gains in the financial and mining sectors carried the index. The big Canadian banks were a bright spot: TD Bank added 0.9%, Royal Bank gained 0.4%, and BMO rose 0.9%. On the mining side, Agnico Eagle gained 1.7% as gold prices held near the $4,000 level. Technology names were the drag. Shopify fell 2.6%, Constellation Software lost 3.6%, and Celestica shed 0.7%, tracking the broader global selloff in tech stocks. Still, with Canadian tech making up a far smaller portion of the TSX than it does on U.S. indices, the damage was contained. Investors also parsed Thursday's Bank of Canada Summary of Deliberations, which confirmed policymakers are keeping monetary policy flexi...
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Yemen’s Houthis Target Ships Linked to US, UK, and Israel

 

In a series of military operations, Yemen’s Houthi group targeted four ships across different seas, claiming they were linked to the United States, the United Kingdom, and Israel. Here are the details:

  1. Israeli Ship MSC Unific: The first operation took place in the Arabian Sea, where the Houthi forces targeted the Israeli cargo ship MSC Unific.

  2. U.S. Oil Tanker Delonix: In a second operation, the Houthi forces struck the U.S. oil tanker Delonix, which was sailing in the Red Sea.

  3. U.K. Landing Ship Anvil Point: The third operation occurred in the Indian Ocean, where the Houthi forces targeted the U.K. landing ship Anvil Point.

  4. Mediterranean Sea Incident: The fourth operation involved a ship identified as the “Lucky Sailor” in the Mediterranean Sea.

Yemen’s Iran-aligned Houthi group has been launching drone and missile strikes in shipping lanes since November, expressing solidarity with Palestinians in Gaza. However, Reuters has not independently verified these claims.

These attacks highlight the ongoing tensions in the region and the geopolitical implications surrounding maritime security. The situation remains fluid, and international authorities are closely monitoring developments.

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