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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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Tragedy Strikes Mannheim: Car Rams Into Crowd, Leaving One Dead and Several Injured


In a shocking incident in Mannheim, Germany, a driver rammed a car into a crowd in the city's Paradeplatz area on Monday. The attack claimed the life of one individual and left several others injured. Authorities have described the situation as "life-threatening" and have urged residents to avoid the downtown area.

The suspect has been apprehended, but police have not yet disclosed whether there were additional perpetrators involved. Emergency services swiftly responded to the scene, and the Mannheim University Hospital activated its disaster and emergency plan to handle the influx of casualties. Trauma teams have been mobilized, and intensive care units have increased their capacity to accommodate the injured.

The motive behind the incident remains unclear, and investigations are ongoing. Residents have been advised to stay indoors as law enforcement continues its operations in the area.

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