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Yields Surge, TSX Sinks 584 Pts as Oil Rebounds and Iran Diplomacy Stalls

  Thursday, September 24, 2026  Wednesday's session was a rough one coast to coast. The TSX dropped 584 points — its steepest single-day loss in weeks — as surging bond yields, a rebound in oil prices, and a stalemate at the UN General Assembly in US-Iran diplomacy hammered banks, miners, and tech alike. Wall Street also closed in the red, with the 10-year Treasury yield touching 5.11%, its highest level since 2007. For Canadians, the story is a trifecta: higher yields mean costlier mortgages, higher oil means costlier gas (despite the holiday extension), and a weaker loonie near the critical C$1.41 mark means your US spending power is quietly shrinking. 🍁 Canada — TSX Composite Index / Asset Close (Sept 23) Change % Change S&P/TSX Composite 35,751.43 ▼ 584.18 pts ▼ 1.61% TSX — Previous Close 36,335.61 — — 52-Week High 37,069.11 — — 52-Week Low 29,530.92 — — The TSX fell nearly 600 points on Wednesday, its worst session since early August, as a brutal combination of risin...
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Israeli Army Orders Evacuation of Gaza City Suburb, Triggering Mass Displacement

 


The Israeli military has issued evacuation orders for a suburb of Gaza City, prompting thousands of residents to flee their homes amid fears of intensified military operations. The order, delivered via leaflets and loudspeaker announcements, directed residents to move south, citing the need to target Hamas infrastructure in the area.

The evacuation adds to the humanitarian crisis in Gaza, where over a million people have already been displaced since the conflict began. Families are scrambling to find shelter in overcrowded areas as food, water, and medical supplies run dangerously low.

“This is a nightmare. We don’t know where to go, and there’s no safe place,” said a resident forced to leave his home.

The Israeli Defense Forces (IDF) maintain that the evacuation is necessary to minimize civilian casualties during their military operations. However, international organizations have criticized the move, warning that it exacerbates the dire humanitarian situation in Gaza and places additional strain on relief efforts.

As calls for a cease-fire grow louder, the mass displacement highlights the urgency of finding a resolution to the escalating conflict.



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