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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...
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"Fragile Ceasefire Shaken: Israeli Airstrike Claims Nine Lives in Gaza

In a tragic escalation of violence, an Israeli airstrike in the northern Gaza town of Beit Lahiya has claimed the lives of at least nine Palestinians, including two local journalists. The strike, which targeted a vehicle, left several others critically injured, according to Gaza's health ministry.

The incident underscores the fragility of the ceasefire agreement established earlier this year. Palestinian health officials report that dozens have been killed despite the truce, raising concerns about its sustainability. The airstrike coincided with ongoing ceasefire negotiations in Cairo, where Hamas leaders are seeking a resolution to the conflict.

The Israeli military has yet to comment on the incident, while Hamas has accused Israel of undermining the ceasefire. This latest development adds to the mounting tension in the region, with both sides facing international pressure to find a lasting solution.

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