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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 ...
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France's Prime Minister Condemns Trump's Oval Office Clash with Zelenskyy

 


In a rare display of sharp criticism, French Prime Minister François Bayrou denounced former U.S. President Donald Trump's recent confrontation with Ukrainian President Volodymyr Zelenskyy. Speaking during a parliamentary debate in Paris, Bayrou described the Oval Office exchange as a "staggering show of brutality" aimed at humiliating Zelenskyy. 

The incident, which unfolded before global media, saw Trump allegedly pressuring Zelenskyy with threats, attempting to force concessions. Bayrou praised Zelenskyy for standing firm, stating, "President Zelenskyy did not fold, and I think we can show him our appreciation." His remarks were met with a standing ovation from French lawmakers.

This bold stance by Bayrou contrasts with the more measured tone adopted by French President Emmanuel Macron, signaling a divergence in diplomatic approaches within France's leadership. The episode has sparked widespread international debate about the dynamics of U.S.-Ukraine relations and the broader implications for global diplomacy.

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