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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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Ukraine's Retaliatory Strike: Air Force Targets Bryansk Border Post

In a decisive response to relentless drone attacks, Ukraine's air force launched a strategic strike on a border post in Russia's Bryansk region. The targeted site was identified as a key location for launching Russian attack drones, which have been terrorizing Ukrainian civilian infrastructure daily. 

The operation resulted in the destruction of military equipment, communication systems, and other critical infrastructure at the border post. Ukrainian officials emphasized that this strike was a necessary measure to counteract the ongoing aggression and reduce the enemy's ability to conduct drone operations against Ukraine.

This bold move underscores Ukraine's determination to defend its sovereignty and protect its citizens from persistent threats. The strike is expected to significantly impact Russia's drone-launching capabilities in the region. 



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