Skip to main content

Featured

Daily Markets Update: Nasdaq Hits Record as Yields Top 5.3%, TSX Flat, Loonie Near 70¢

  S&P/TSX 35,518.55 +0.04% S&P 500 7,773.99 +0.66% Nasdaq 27,477.31 +1.05% Brent US$100.42 -1.8% USD/CAD 1.4250 Flat US 10-yr 5.315% +3.8 bp Monday, October 5 close, with Asia’s Tuesday session. Wall Street’s tech rally pushed the Nasdaq to a fresh record on Monday even as long-term bond yields kept climbing: the U.S. 10-year Treasury yield settled at 5.315%, a new 52-week high. Canada’s TSX barely moved, with tech gains offsetting a slide in energy and financials, and Cenovus fell after unveiling a C$5.7-billion takeover of Athabasca Oil. Oil dropped nearly 2% as G7 emergency stock releases and rising Middle East exports eased supply fears, and the loonie hovered near 70 U.S. cents, close to its weakest level in about 18 months. Canada: TSX Flat as Tech Offsets Energy Index / Stock Close Change S&P/TSX Composite 35,518.55 +0.04% Shopify (SHOP) — +5.7% Athabasca Oil (ATH) — +13.5% Cenovus Energy (CVE) C$44.86 -3.0% Suncor Energy (SU) — -1.2% The TSX added 15.90 points ...

article

Syria's Interim Leader Calls for Unity Amid Escalating Violence

 

In a heartfelt appeal for peace, Syria's interim leader, Ahmed Sharaa, addressed the nation following the deadliest outbreak of violence in over a decade. Speaking from a mosque in his childhood neighborhood of Mazzah, Damascus, Sharaa emphasized the importance of national unity and domestic peace. "We must preserve our unity and live together," he urged, acknowledging the challenges facing the country.

The recent clashes, which erupted in the coastal regions of Latakia and Tartous, have claimed over 1,000 lives, including civilians, security personnel, and fighters loyal to the ousted regime of Bashar al-Assad. The violence marks a grim chapter in Syria's ongoing struggle for stability after the fall of Assad's government in December.

The Syrian Observatory for Human Rights reported that the violence has spiraled into revenge killings and summary executions, with armed militias targeting Alawite communities accused of supporting the former regime. The interim government faces mounting pressure to address these sectarian tensions and restore order.

Sharaa's call for peace comes as a reminder of the resilience and unity needed to rebuild a nation torn apart by years of conflict. "Syria has the characteristics for survival," he reassured, urging citizens to rise above sectarian divides and work towards a peaceful future.


Comments