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Daily Markets Update: Nasdaq Hits Record as Yields Top 5.3%, TSX Flat, Loonie Near 70¢

  S&P/TSX 35,518.55 +0.04% S&P 500 7,773.99 +0.66% Nasdaq 27,477.31 +1.05% Brent US$100.42 -1.8% USD/CAD 1.4250 Flat US 10-yr 5.315% +3.8 bp Monday, October 5 close, with Asia’s Tuesday session. Wall Street’s tech rally pushed the Nasdaq to a fresh record on Monday even as long-term bond yields kept climbing: the U.S. 10-year Treasury yield settled at 5.315%, a new 52-week high. Canada’s TSX barely moved, with tech gains offsetting a slide in energy and financials, and Cenovus fell after unveiling a C$5.7-billion takeover of Athabasca Oil. Oil dropped nearly 2% as G7 emergency stock releases and rising Middle East exports eased supply fears, and the loonie hovered near 70 U.S. cents, close to its weakest level in about 18 months. Canada: TSX Flat as Tech Offsets Energy Index / Stock Close Change S&P/TSX Composite 35,518.55 +0.04% Shopify (SHOP) — +5.7% Athabasca Oil (ATH) — +13.5% Cenovus Energy (CVE) C$44.86 -3.0% Suncor Energy (SU) — -1.2% The TSX added 15.90 points ...
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Israel Investigates Possible Death of Hamas Leader Yahya Sinwar

 

The Israeli military is currently investigating whether Yahya Sinwar, the leader of Hamas, was killed during recent operations in Gaza. The Israel Defense Forces (IDF) reported that three militants were eliminated, but their identities have yet to be confirmed.

Sinwar, considered a key figure in Hamas, has been a significant target for Israeli forces. The IDF’s statement indicated that the possibility of Sinwar being among the deceased is being thoroughly checked, although no definitive identification has been made at this stage.

This development comes amid ongoing tensions and conflict in the region, with both sides experiencing significant casualties. The potential death of Sinwar could have substantial implications for the dynamics of the conflict and the leadership structure within Hamas.

The situation remains fluid, and further updates are expected as the IDF continues its verification process.


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