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Canadian Money Brief: Markets Kick Off June With Records — What It Means for Your Money

  Tuesday, June 2, 2026  |  Canadian Money Brief June arrived with a bang on Wall Street — but the TSX took a breather to start the week. Here is everything you need to know about Monday's market action and what it could mean for your Canadian portfolio. Canada — TSX Edges Lower The S&P/TSX Composite slipped 34 points (−0.10%) on Monday, closing at 34,734.89 . The modest pullback came even as energy names found support: the S&P/TSX Capped Energy Index gained roughly 2.1% on the day, buoyed by rising oil prices. Financials were the drag, with the Capped Financial Index retreating about 1.3%. Year-to-date, the TSX is holding its own. Through June 1, Canada's TSX is up approximately 9.5% for the year — a respectable showing even as the index takes a short-term breather. For Canadian investors, the energy-sector strength is a reminder of the TSX's resource-heavy composition — a double-edged sword when oil spikes. United States — Wall Street Rings in June With New Re...
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A United Vision: The Obamas Rally Behind Harris at DNC


 In a significant moment at the Democratic National Convention, Barack and Michelle Obama endorsed Vice President Kamala Harris, underscoring the historic nature of her candidacy. 

The former President and First Lady delivered impassioned speeches that not only supported Harris but also emphasized the critical juncture at which the nation stands. Barack Obama praised Harris for her readiness to lead, reflecting on the values she represents and the progress she signifies for the country. Michelle Obama, with equal fervor, highlighted Harris's qualifications and the hope she brings to a nation in need of unity and direction. 

This endorsement comes at a pivotal time, as Harris's candidacy represents not just a continuation of the Democratic legacy but also a step forward in the ongoing journey toward a more inclusive and equitable America. The Obamas' backing is expected to galvanize support as the campaign enters its final stretch, signaling a united front in the pursuit of a common vision for the future of the United States.


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