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Markets Update — Friday, June 26, 2026: Global Tech Sell-Off Rattles Markets as TSX Holds Firm

  Friday, June 26, 2026 — Reporting on confirmed June 25 closing data. Asian and European figures reflect Friday session activity. 🇨🇦 Canada — TSX The S&P/TSX Composite Index closed Thursday at 34,850 , up 0.3% on the day — a relatively resilient showing while Wall Street struggled with a tech-driven selloff. Gains in the financial and mining sectors carried the index. The big Canadian banks were a bright spot: TD Bank added 0.9%, Royal Bank gained 0.4%, and BMO rose 0.9%. On the mining side, Agnico Eagle gained 1.7% as gold prices held near the $4,000 level. Technology names were the drag. Shopify fell 2.6%, Constellation Software lost 3.6%, and Celestica shed 0.7%, tracking the broader global selloff in tech stocks. Still, with Canadian tech making up a far smaller portion of the TSX than it does on U.S. indices, the damage was contained. Investors also parsed Thursday's Bank of Canada Summary of Deliberations, which confirmed policymakers are keeping monetary policy flexi...
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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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