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Global Markets Update: Wall Street Returns, Oil Slips on Iran Deal Hopes — May 26, 2026

  U.S. markets reopen this Tuesday after the Memorial Day long weekend to a cautiously optimistic tone, with S&P 500 futures pointing higher and oil prices pulling back on signals that a U.S.–Iran ceasefire framework may be within reach. The TSX is open for regular trading, while European markets also add gains. Here is your full daily rundown. Canada — TSX & Loonie Index / Rate Level Change S&P/TSX Composite 34,471 +0.18% CAD / USD 0.7241 +0.07% Bank of Canada Rate 2.25% On hold The TSX opened for a full session today — Victoria Day was observed last week (May 18) and is now in the rear-view mirror. The composite index finished Friday at 34,471, buoyed by strength in materials and financials, while the energy sub-index lagged slightly as crude prices retreated. The Canadian dollar is trading near 72.4 U.S. cents (USD/CAD ~1.38), finding modest support from elevated oil prices even as a stronger greenback — underpinned by the U.S. Federal Reserve's higher-for-longer st...
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Montreal Anti-NATO Protest Turns Violent, Three Arrested

 

A demonstration against NATO in Montreal escalated into violence on Thursday, leading to the arrest of three individuals. Protesters, rallying against Canada’s involvement in the military alliance, clashed with police in the downtown area after the initially peaceful march took a confrontational turn.

Authorities reported that some demonstrators threw projectiles and vandalized property, prompting police to deploy tear gas and disperse the crowd. "While most attendees were peaceful, a small group engaged in unlawful acts, forcing us to intervene," said a spokesperson for the Montreal Police.

The protest was organized by a coalition of anti-war groups criticizing NATO's role in global conflicts and demanding that Canada reduce its military spending. Activists have called for the government to redirect funds toward social programs and domestic priorities instead.

The arrested individuals face charges ranging from mischief to assaulting a peace officer. No serious injuries were reported, but tensions remain high as organizers plan to continue their demonstrations in the coming weeks.


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