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Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...
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Netanyahu’s Stern Warning to Iran Amid Escalating Tensions in Lebanon


                                              

Prime Minister Benjamin Netanyahu issued a stark warning to Iran on Monday, emphasizing Israel’s capability to strike its enemies anywhere. This declaration comes in the wake of intensified Israeli airstrikes in Lebanon, which have targeted Hezbollah strongholds and resulted in significant casualties.

Netanyahu’s message, delivered via a videotaped address, was directed at the Iranian government rather than its people. He underscored that Israel’s military actions are a response to threats posed by Hezbollah, a group backed by Tehran. The recent airstrikes, including one that leveled an apartment building in central Beirut, have heightened regional tensions.

The Israeli Prime Minister’s warning highlights the ongoing volatility in the Middle East, with potential implications for broader geopolitical stability. As Israel continues its military operations, the international community watches closely, concerned about the possibility of further escalation.


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