Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Trump's 'Long Live the King' Post Draws Widespread Criticism

 

Former President Donald Trump's recent social media post declaring "Long Live the King" has ignited a firestorm of controversy and backlash. The post, which was shared on Trump's Truth Social account, celebrated the administration's decision to end congestion pricing tolls in New York City. The official White House social media accounts further amplified the message by sharing an image of Trump wearing a crown, accompanied by the same proclamation.

Critics from across the political spectrum have condemned the post as "embarrassing and disrespectful to our country". Many have expressed concern over the implications of a president referring to himself as a king, with some drawing comparisons to how right-wing media might have reacted if former presidents Barack Obama or Joe Biden had made a similar statement. The backlash has been particularly intense on social media platforms, where users have voiced their disapproval and questioned the appropriateness of the post.

Supporters of Trump, however, have defended the post, arguing that it is merely a form of trolling and should not be taken seriously. They have dismissed the criticism as an overreaction and have praised Trump for his ability to provoke strong reactions from his opponents.

The controversy comes at a time when Trump continues to embrace monarchical imagery, further fueling debates about his leadership style and the direction of his political movement.



Labels:

Comments

Post a Comment