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Weekly Market Snapshot: June 9–13, 2026

Canadian markets closed out a turbulent week on a positive note, as the Bank of Canada's decision to hold its benchmark rate at 2.25% and easing Iran tensions helped the TSX recover from a mid-week dip to finish the week up roughly 1.53% . A surprise Dollarama earnings beat gave the retail sector an additional lift. 📊 Market Scoreboard — Week of June 9–13 Index / Asset Level (Fri. Close) Weekly Change S&P/TSX Composite 34,937.85 ▲ +1.53% S&P 500 (USD) ~7,431 ▲ ~+0.6% wk Dow Jones (USD) 51,202 ▲ +0.7% Fri CAD/USD 0.7160 ▼ Modest pressure WTI Crude Oil (USD/bbl) ~$84.29 ▼ 8-wk low Gold (USD/oz) ~$4,226 ▲ ~2.8% Sources: Yahoo Finance Canada, Trading Economics, TMX Money. Figures reflect approximate Friday close / intraday levels as of June 13, 2026. 🔑 5 Things That Moved Markets This Week 1 — Bank of Canada Holds at 2.25% The BoC held its benchmark rate steady on Wednesday, June 11 — as widely expected after Canada's May jobs report came in with a blowout 88,000 new pos...
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Trump Issues Ultimatum to Hamas Over Gaza Hostages

In a dramatic escalation of rhetoric, former President Donald Trump has issued a stark warning to Hamas, demanding the immediate release of hostages held in Gaza. Trump took to his Truth Social platform to deliver the ultimatum, stating, "Release all of the Hostages now, not later, and immediately return all of the dead bodies of the people you murdered, or it is OVER for you".

The warning comes amid unprecedented direct talks between U.S. officials and Hamas, a significant departure from the longstanding U.S. policy of avoiding direct engagement with the group, which is designated as a terrorist organization by Washington. The discussions, led by U.S. hostage affairs envoy Adam Boehler, aim to secure the release of American hostages still held in Gaza.

Trump's message also included a broader threat to the people of Gaza, stating, "A beautiful Future awaits, but not if you hold Hostages. If you do, you are DEAD!". This ultimatum follows a recent ceasefire agreement and the release of some hostages, but tensions remain high as the situation continues to evolve.

The former president's aggressive stance has drawn mixed reactions, with some praising his firm approach while others express concern over the potential for further escalation. As the world watches closely, the outcome of these negotiations remains uncertain.



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