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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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Supreme Court Upholds Sentencing Schedule in Landmark Hush-Money Case


In a significant legal development, the U.S. Supreme Court has declined to intervene in the sentencing of former President Donald Trump in connection with the hush-money case. This decision comes after a lower court found Trump guilty on multiple counts of felony charges related to payments made to silence allegations of an affair during the 2016 presidential campaign. 

The high court's refusal to halt the sentencing allows the legal process to proceed without further delay, setting a precedent for the accountability of public figures. Trump's legal team had sought to postpone the sentencing, citing various constitutional challenges, but the justices denied these requests without comment. 

Legal analysts suggest that this outcome underscores the judiciary's independence and the principle that no individual is above the law. The sentencing is now scheduled to proceed as planned, marking a pivotal moment in this high-profile case. 



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