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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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Netanyahu's Strategy Amid Ceasefire Talks: A Balancing Act


Israeli Prime Minister Benjamin Netanyahu has pledged to intensify pressure on Hamas while navigating delicate negotiations for a ceasefire. The proposal, mediated by Egypt and Qatar, includes the release of hostages and humanitarian aid to Gaza. However, Netanyahu insists on Hamas disarming, a condition the group has rejected.

The ceasefire talks come amidst renewed violence, with Israeli strikes killing civilians in Gaza, including children, during the Eid al-Fitr holiday. Netanyahu's cabinet has approved measures to crush Hamas' military capabilities while maintaining diplomatic efforts. The situation remains tense, with both sides holding firm on their demands.



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