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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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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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