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TSX Steadies After Bond Rout | Canadian Money Brief — May 19, 2026

  TSX Steadies After Bond Rout — But Iran Uncertainty Keeps a Lid on Gains Canadian equities attempt a cautious bounce this morning after last week's sharp sell-off. Oil near US$100 props up energy shares, while gold cools in Canadian-dollar terms and the loonie holds a fragile grip at 72–73 cents US. Canadian Money Brief  ·  moneysavings.ca  ·  May 19, 2026 TSX ~34,020 ▲ Recovering CAD/USD $0.727 → Flat WTI Oil ~US$100 ▲ Elevated Gold (CAD) ~$6,243/oz ▼ Pullback BoC Rate On Hold → Patient Overview Canadian markets opened cautiously higher this Tuesday after the S&P/TSX Composite suffered its worst single-session drop in weeks on Friday, closing at 33,833 — a decline of 1.27% — as a global bond-market selloff combined with stalled US–Iran negotiations hammered sentiment. Today's session opened around 34,027 , with the index trading in a tight range of roughly 33,745 to 34,175, suggesting investors are rebuilding positions but remain wary. The dominant story...
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Tragic Loss: Five Palestinian Journalists Killed in Israeli Airstrike

In a devastating incident, five Palestinian journalists lost their lives in an Israeli airstrike in Gaza, as reported by the Gaza Health Ministry. The strike targeted a vehicle outside the Al-Awda Hospital in the Nuseirat refugee camp, where the journalists were working for the local Quds News Network. This tragic event adds to the growing toll of over 130 Palestinian reporters killed since the start of the conflict.

The Israeli military stated that the strike was aimed at a group of militants allied with Hamas. However, the loss of these journalists highlights the severe risks faced by media professionals in conflict zones. The ongoing conflict has resulted in significant casualties, with Gaza's Health Ministry reporting over 45,000 Palestinians killed, more than half of them women and children.

The international community continues to call for a ceasefire and protection of civilians, including journalists, who play a crucial role in documenting the realities of war.



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