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TSX Surges to New Heights, Extending Winning Streak to Nine Days

The Toronto Stock Exchange (TSX) continues its impressive rally, closing at yet another record high as its winning streak stretches to nine consecutive trading days. The benchmark S&P/TSX Composite Index  rose 0.3% , adding 74.4 points  to settle at 25,971.9 .  This latest surge marks a 2.4% weekly gain , reinforcing investor optimism amid strong performances across multiple sectors. Healthcare led the charge with a 1.2% increase , while Basic Materials saw a slight dip of 0.2% .  Market analysts attribute the sustained momentum to robust corporate earnings, stable commodity prices, and easing trade tensions . With 74% of TSX-listed stocks closing higher , the bullish sentiment remains strong, fueling expectations for continued growth in the coming weeks.  Investors will be watching closely to see if the TSX can maintain its upward trajectory and extend its streak into double digits.
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Airstrikes Continue in Gaza Despite Ceasefire Announcement, Over 70 Lives Lost


In a tragic turn of events, the Gaza Health Ministry has reported that more than 70 people were killed in Israeli airstrikes following the announcement of a ceasefire agreement. The airstrikes, which occurred overnight, have shattered the brief moment of hope that had emerged with the ceasefire deal.

Residents of Gaza, who had been celebrating the anticipated truce, were met with columns of smoke and rubble as the airstrikes continued. Among the casualties were 20 children and 25 women, with around 200 others wounded. The scenes of devastation were repeated across the densely populated territory, where many have been displaced multiple times since the conflict began in October 2023.

The ceasefire agreement, brokered by Qatar and the United States, was set to take effect on Sunday, but the recent violence has cast doubt on its implementation. The Israeli military has not yet commented on the ongoing strikes.

As the international community watches closely, the hope for a lasting peace in Gaza remains fragile, with many fearing further bloodshed in the coming days.




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