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Oil Swings, Records Fall, and Bank Earnings Roll In: Markets Update — May 28, 2026

  Thursday is shaping up to be an eventful one for markets. A sharp rebound in oil prices — triggered by fresh U.S. military strikes in Iran overnight — is rattling futures this morning, even as Wall Street closed at fresh records on Wednesday. Here in Canada, the TSX pulled back sharply, weighed down by energy-sector volatility and mixed signals from the big banks. Traders are also keeping a close eye on two major U.S. data releases due today: April PCE inflation and the Q1 GDP second estimate. Canada The TSX had a rough Wednesday. The S&P/TSX Composite shed 241.82 points — roughly 0.70% — to close at 34,412.05, as energy stocks were dragged lower by falling crude prices. The loonie dipped slightly as well, with the Canadian dollar trading at 72.29 cents U.S., compared with 72.40 cents the day before. It's a big week for Canadian bank earnings, and results so far have been mixed but largely solid. Bank of Nova Scotia and BMO Financial Group both reported stronger second-quar...

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Escaped Monkeys from South Carolina Lab Embark on Unexpected Adventure

 

 In an unexpected turn of events, 43 rhesus macaques have escaped from the Alpha Genesis research facility in Yemassee, South Carolina. The monkeys, bred for medical research, made their break for freedom after an employee failed to fully secure a door during routine feeding and checks.

The monkeys have been spotted in the woods near the facility, and efforts are underway to recapture them using food as bait. Alpha Genesis CEO Greg Westergaard remains optimistic about their safe return, stating, "I think they are having an adventure".

Authorities have assured the public that the monkeys pose no health risk, as they are pathogen-free and harmless. However, residents are advised to keep their distance and report any sightings to local authorities to avoid making the monkeys more skittish and harder to capture.

The monkeys, all female and weighing about 7 pounds each, have been seen exploring the outer fence of the compound and interacting playfully with the monkeys still inside. Police and facility workers are closely monitoring the situation to ensure a safe and swift resolution.

Eve Cooper, a biology professor at the University of Colorado Boulder, cautions that while the monkeys are generally harmless, they can become aggressive if frightened. She advises the public to maintain a safe distance and allow professionals to handle the recapture efforts.

As the search continues, the community remains hopeful for the safe return of these adventurous primates.


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