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Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...

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University of Guelph Responds to Norovirus Outbreak


The University of Guelph has confirmed a positive test for norovirus as over 190 students report symptoms of gastroenteritis. The outbreak, which began in South Residence, has prompted the university to take immediate action to contain the spread of the virus.

Public health officials have been working closely with the university to implement enhanced cleaning measures and promote hygiene best practices among students. Custodial staff are spending additional time sanitizing commonly touched surfaces, such as doorknobs and washrooms. Students are being reminded to wash their hands frequently and avoid populated areas if they are feeling ill.

Despite the outbreak, the university is confident that the risk to the broader community remains low. However, they continue to monitor the situation closely and provide support to affected students.



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