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Weekly Market Snapshot: June 2–6, 2026

  Canadian Money Brief  |  Week ending June 6, 2026 A turbulent week ended on a sour note for Canadian investors. Stronger-than-expected jobs data on both sides of the border sent bond yields surging and rattled equity markets, while ongoing Middle East tensions pushed oil prices to multi-year highs — and then sharply lower as peace-deal hopes resurfaced. 🇨🇦 TSX Composite The S&P/TSX Composite had a rough finish to the week. After touching fresh record highs on Monday, the index reversed course sharply. By Friday, the TSX had shed over 530 points on the session alone — falling more than 2.3% to close at approximately 34,413 — dragged lower by deep losses in gold stocks, materials, and technology. For the week overall, the index ended down roughly 1.5% from its previous Friday close. The damage was broad: eight of 12 sub-sectors finished in the red, with gold stocks and materials each losing more than 6%. Tech shares also struggled, falling over 3% as a global chip...
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Israeli Army Issues New Evacuation Orders in North Gaza After Fresh Rocket Fire

 

Amid ongoing conflict, Israeli forces have issued fresh evacuation orders to Palestinians in areas of northern Gaza that were among the first to be hit during the war with Hamas in October. The latest evacuation orders come after militants fired a volley of rockets into Israel. The affected districts include Beit Hanoun and Beit Lahiya, both of which have been largely demolished since the start of Israel’s ground invasion. In a message sent via text or social media, army spokesperson Avichay Adraee urged residents to evacuate immediately to known shelters in the center of Gaza City for their safety.

Despite the fighting in Gaza, Israel is also preparing for a potential assault from Iran and its ally Hezbollah in the north. Tensions remain high, and the conflict continues to impact civilians, with casualties reported in nearby neighborhoods. The situation remains complex, with both sides engaging in military actions and civilians caught in the crossfire.



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