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Canadian Money Brief – June 1, 2026: Markets Kick Off June on a High Note

  Markets Kick Off June on a High Note A strong finish to May carries momentum into the first trading session of June, with tech leading the charge and a major Berkshire deal grabbing headlines. At a Glance — Friday May 29 Close (Most Recent Confirmed) Index / Asset Level Change S&P/TSX Composite 34,769 +0.73% S&P 500 7,580 +0.22% Dow Jones 51,032 +0.72% Nasdaq Composite 26,973 +0.20% CAD/USD 0.7249 –0.06% WTI Crude Oil US$87.36/bbl –1.73% Gold US$4,574/oz –0.42% Sources: Yahoo Finance, Trading Economics. Closing data as of May 29, 2026. June 1 intraday data referenced in body. May Goes Out on a High North American markets wrapped up May in fine form. All three major U.S. indexes — the S&P 500, the Dow, and the Nasdaq — finished Friday at record closing highs, capping a month that saw the tech-heavy Nasdaq surge roughly 8% and the S&P 500 gain around 5%. The TSX also had a solid run, closing above the 34,700 mark on Friday, supported by a rebound in financials and ...
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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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