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TSX Slips on Mining Weakness as Wall Street Holds Near Record Highs Ahead of Jobs Data

  Tuesday, June 30, 2026 Canadian and global markets are wrapping up the second quarter on a cautious note, with the TSX pulling back on gold and mining weakness even as Wall Street rides the momentum of Monday's record-setting session into the holiday-shortened week. Here's how every major market is positioned heading into Thursday's critical U.S. jobs report. 🇨🇦 TSX The S&P/TSX Composite fell 0.4% in its most recent session to close at 34,824, weighed down by losses in mining and technology. Gold prices declined as easing geopolitical tensions reduced safe-haven demand, pressuring miners — Agnico Eagle and Wheaton Precious Metals each fell more than 2%, while Franco-Nevada dropped 3.6%. Tech shares also underperformed despite a strong session on Wall Street, with Shopify down 2%. On the upside, financials advanced as oil prices held near pre-conflict levels following the U.S.-Iran truce: RBC gained roughly 1%, while TD Bank and BMO each rose 0.6%. Investors are now...
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U.S. Launches Strategic Airstrikes on Houthi Strongholds in Yemen

The United States has conducted a series of airstrikes targeting Houthi strongholds in Yemen, including Saada province and the Red Sea port city of Hodeidah. These areas are believed to house key Houthi leaders and serve as critical military hubs. According to reports, over ten strikes were carried out, focusing on locations such as the Al-Safra district in Saada, which is known for its weapons storage and training facilities.

The strikes come amidst escalating tensions in the region, with the Iran-aligned Houthis resuming attacks on international shipping lanes in the Red Sea. The group has also claimed responsibility for targeting U.S. naval assets and Israeli air bases, although these claims remain unverified.

The U.S. has emphasized its commitment to countering threats in the region, warning of severe consequences for continued Houthi aggression. This development marks a significant escalation in the ongoing conflict, with both sides vowing to intensify their actions.


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