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Daily Markets Update: Tech Rout Hammers Global Markets as Micron Earnings Loom

  The TSX slipped below 35,000, the Nasdaq shed more than 2%, and South Korea's chip-heavy KOSPI cratered 10% — all before Wall Street's eyes shift to Micron Technology's pivotal earnings report after today's close. Market Snapshot (June 23 Close & June 24 Early Signals) Index / Asset Level Change S&P/TSX Composite 34,927 ▼ 0.2% S&P 500 7,365.46 ▼ 1.44% Nasdaq Composite 25,587.04 ▼ 2.21% Dow Jones Industrial Avg. 51,666.84 ▼ 0.09% KOSPI (South Korea) — ▼ 9.99% Stoxx 600 (Europe) — ▼ ~1.0% WTI Crude Oil $72.06 / bbl ▼ 1.6% Brent Crude $75.86 / bbl ▼ 1.6% Gold (futures) $4,082.20 / oz ▼ 1.62% Silver (futures) $61.49 / oz ▼ 1.65% June 23 official closes. June 24 intraday/futures data where noted. All figures in USD unless stated. 🇨🇦 Canada: TSX Falls Below 35,000 The S&P/TSX Composite Index lost ground for the second consecutive session Tuesday, falling 0.2% to close at 34,927 — a retreat below the closely watched 35,000 mark. The selloff was broad-based...
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European Leaders Reaffirm Commitment to Paris Climate Agreement at Davos

In a strong show of unity, European leaders at the World Economic Forum in Davos have vowed to uphold the Paris climate agreement, despite the recent withdrawal of the United States under President Donald Trump. European Union chief Ursula von der Leyen emphasized that Europe will continue to work with nations committed to protecting nature and combating global warming. She reiterated that the Paris Agreement remains the best hope for humanity to limit global temperature increases.

The announcement comes amid growing concerns about the global climate crisis and the need for urgent action. Climate activists at Davos also made their voices heard, calling for increased taxation on the super-rich to fund a just and green future. United Nations climate chief Simon Stiell highlighted the unstoppable energy transition, with significant investments in clean energy.

Despite the U.S. withdrawal, European leaders remain steadfast in their commitment to the Paris Agreement, aiming to lead the global fight against climate change and ensure a sustainable future for all.

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