Skip to main content

Featured

Canadian Money Brief – June 1, 2026: Markets Kick Off June on a High Note

  Markets Kick Off June on a High Note A strong finish to May carries momentum into the first trading session of June, with tech leading the charge and a major Berkshire deal grabbing headlines. At a Glance — Friday May 29 Close (Most Recent Confirmed) Index / Asset Level Change S&P/TSX Composite 34,769 +0.73% S&P 500 7,580 +0.22% Dow Jones 51,032 +0.72% Nasdaq Composite 26,973 +0.20% CAD/USD 0.7249 –0.06% WTI Crude Oil US$87.36/bbl –1.73% Gold US$4,574/oz –0.42% Sources: Yahoo Finance, Trading Economics. Closing data as of May 29, 2026. June 1 intraday data referenced in body. May Goes Out on a High North American markets wrapped up May in fine form. All three major U.S. indexes — the S&P 500, the Dow, and the Nasdaq — finished Friday at record closing highs, capping a month that saw the tech-heavy Nasdaq surge roughly 8% and the S&P 500 gain around 5%. The TSX also had a solid run, closing above the 34,700 mark on Friday, supported by a rebound in financials and ...

article

Escalation in Gaza Amid Legal and Political Turmoil in Israel

 


Israel's Defense Minister, Israel Katz, has ordered ground forces to advance deeper into the Gaza Strip, intensifying military operations. This move comes as part of efforts to pressure Hamas into releasing hostages. Israeli troops have reportedly retaken strategic areas, including the Netzarim corridor, and are advancing toward key locations such as Beit Lahiya and Rafah. The military has also reinstated a blockade on northern Gaza, further escalating tensions.

Meanwhile, Israel's Supreme Court has temporarily halted Prime Minister Benjamin Netanyahu's dismissal of Shin Bet security chief Ronen Bar. The court's decision delays the firing until an appeal can be heard, highlighting a deepening power struggle within the Israeli government. Critics argue that the dismissal is a politically motivated move, while supporters of Bar have staged protests against the decision.

The dual developments underscore the complex and volatile situation in the region, with military actions in Gaza and political disputes in Israel unfolding simultaneously.

Comments