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Tech Selloff Rattles Wall Street as Iran Peace Talks Ease Oil — June 23, 2026

A sharp selloff in technology stocks weighed on North American markets Tuesday as investors continued to digest the fallout from Alphabet's steep decline and reassess valuations across Big Tech. Canada's TSX hovered near the 35,000 level, oil drifted lower on progress in U.S.-Iran peace negotiations, and gold pulled back from recent highs as hawkish Federal Reserve signals kept pressure on precious metals. 🇨🇦 Canada — TSX & Economy Index / Asset Level Change S&P/TSX Composite ~34,857 ▼ −0.32% CAD/USD ~$0.705 USD ▼ −0.19% WTI Crude Oil ~$73.67 USD/bbl ▼ −0.26% Canada CPI (May 2026) 3.2% YoY ▲ Above 3% target The S&P/TSX Composite Index dipped slightly Tuesday, retreating from the 35,000 level it briefly crossed on Monday after Canada's banking regulator freed up capital requirements for major lenders. The pullback came as tech-driven weakness from Wall Street spread northward. Financials had been a bright spot on Monday — RBC and BMO each added more than 1% aft...
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Zelenskiy Faces Political Storm Amid Russian Glee

Russia has reacted with satisfaction to a heated confrontation between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump in the White House. The clash, described as a "brutal dressing down" by former Russian President Dmitry Medvedev, has been seized upon by Moscow as evidence of Zelenskiy's waning political standing. Russian officials, including Medvedev and Foreign Ministry spokeswoman Maria Zakharova, have used the incident to call for an end to U.S. military aid to Ukraine, portraying Zelenskiy as an unstable leader.

The confrontation has raised concerns among Ukraine's allies in Europe, who fear that the growing rapport between Moscow and Washington under Trump could undermine Ukraine's security. Zelenskiy, who has been a central figure in Ukraine's defense against Russian aggression, now faces increased pressure both domestically and internationally.



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