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Weekly Market Snapshot: TSX Hits Record High, Then Retreats as Fed Shocks Markets

  Week of June 16–20, 2026  |  Published June 20, 2026 It was a week of records and reversals for Canadian investors. The TSX touched an all-time high midweek before a hawkish surprise from the U.S. Federal Reserve and falling oil prices — triggered by the U.S.–Iran interim peace deal — pulled markets lower into Thursday's close. Here's everything that moved the needle for your portfolio and wallet this week. 📊 Weekly Market Scorecard Index / Asset Level (June 19 Close) Week Change S&P/TSX Composite 34,857 ▼ Mixed (high: 35,629 Wed.) S&P 500 (USD) 7,500.58 ▲ +1.08% (Wed.) Dow Jones (USD) 51,564.70 ▲ +0.14% (Wed.) Nasdaq (USD) 26,517.93 ▲ +1.91% (Wed.) WTI Crude Oil (USD/barrel) ~$76.54 ▼ Sharp weekly decline Gold (USD/oz) ~$4,157 ▼ Fell on hawkish Fed CAD/USD (Loonie) ~$0.7068 ▼ Under pressure Note: U.S. markets were closed Friday, June 20, for the Juneteenth National Independence Day holiday. TSX figures reflect Thursday's close. 🇨🇦 TSX: A Record High That Did...
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Security Breach: Journalist Accidentally Added to U.S. War Plan Chat

In a startling security lapse, Jeffrey Goldberg, editor-in-chief of *The Atlantic*, was mistakenly included in a Signal group chat discussing classified U.S. military operations. The chat, reportedly created by National Security Advisor Mike Waltz, involved high-ranking officials, including Vice President JD Vance and Secretary of Defense Pete Hegseth. The group was coordinating airstrikes against Houthi targets in Yemen.

Goldberg initially doubted the authenticity of the messages but realized their legitimacy when the strikes occurred as described in the chat. This incident has raised serious concerns about the handling of sensitive information on unsecured platforms. The White House has acknowledged the breach and is reviewing the situation.

This unprecedented mistake highlights the risks of using non-secure communication tools for national security matters, sparking debates about operational security and accountability.

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