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Weekly Market Snapshot: TSX Rises as Oil Rebounds and U.S. Markets Cool

  TSX Edges Higher on Energy Strength The TSX posted a modest gain this week, supported by rising energy and financial stocks as oil prices rebounded from recent lows. Investor sentiment improved as commodity demand projections stabilized and geopolitical tensions eased. S&P 500 Cools After Strong Run The S&P 500 paused its recent rally, with tech names seeing mild pullbacks as traders reassessed earnings expectations and upcoming Federal Reserve commentary. Defensive sectors saw renewed interest as investors rotated toward value. Oil Rebounds, Supporting Canadian Markets Oil prices climbed on supply concerns and improving global demand forecasts. The rebound helped lift Canadian energy producers and contributed to the TSX’s relative outperformance. Canadian Dollar Holds Steady The CAD traded in a narrow range, balancing stronger commodity prices against softer domestic economic data. Markets continue to watch for Bank of Canada signals on future rate direction. Wi...

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Trump's Madison Square Garden Rally Marred by Controversial Remarks


Former President Donald Trump's rally at Madison Square Garden on Sunday took a controversial turn as several speakers made crude and racist remarks. The event, intended to bolster support for Trump's presidential campaign, saw speakers targeting Vice President Kamala Harris and other prominent figures with offensive language.


Comedian Tony Hinchcliffe made derogatory comments about Latinos and Puerto Ricans, while radio host Sid Rosenberg likened the rally to a Nazi event.  Trump's speech focused on his plans to halt illegal immigration and deport migrants, drawing cheers from the crowd. The rally has sparked widespread criticism and comparisons to historical fascist gatherings.

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