Skip to main content

Featured

Daily Markets Update: Nasdaq Hits Record as Yields Top 5.3%, TSX Flat, Loonie Near 70¢

  S&P/TSX 35,518.55 +0.04% S&P 500 7,773.99 +0.66% Nasdaq 27,477.31 +1.05% Brent US$100.42 -1.8% USD/CAD 1.4250 Flat US 10-yr 5.315% +3.8 bp Monday, October 5 close, with Asia’s Tuesday session. Wall Street’s tech rally pushed the Nasdaq to a fresh record on Monday even as long-term bond yields kept climbing: the U.S. 10-year Treasury yield settled at 5.315%, a new 52-week high. Canada’s TSX barely moved, with tech gains offsetting a slide in energy and financials, and Cenovus fell after unveiling a C$5.7-billion takeover of Athabasca Oil. Oil dropped nearly 2% as G7 emergency stock releases and rising Middle East exports eased supply fears, and the loonie hovered near 70 U.S. cents, close to its weakest level in about 18 months. Canada: TSX Flat as Tech Offsets Energy Index / Stock Close Change S&P/TSX Composite 35,518.55 +0.04% Shopify (SHOP) — +5.7% Athabasca Oil (ATH) — +13.5% Cenovus Energy (CVE) C$44.86 -3.0% Suncor Energy (SU) — -1.2% The TSX added 15.90 points ...
Post a Comment
Read more

article

Labels

Zelensky Stands Firm Amid Rising Tensions with Trump and Kyiv Protests

Ukrainian President Volodymyr Zelensky finds himself navigating a challenging diplomatic landscape as tensions with U.S. President Donald Trump escalate. The friction stems from a recent heated exchange at the White House, where Trump accused Zelensky of being ungrateful for U.S. aid and dismissed him as "disrespectful." This confrontation has left many Ukrainians both angered and proud of their leader's resolve.

Meanwhile, in Kyiv, citizens have taken to the streets to demand the release of Ukrainian prisoners of war held by Russia. These demonstrations underscore the nation's ongoing struggle against Russian aggression and the emotional toll of the conflict. Protesters also expressed frustration with Trump's recent remarks, which they view as undermining Ukraine's fight for sovereignty.

Despite the diplomatic strain, Zelensky's steadfastness has rallied support from both domestic and international allies. Many Ukrainians see his refusal to yield to external pressures as a testament to his commitment to the nation's independence.


Labels:

Comments

Post a Comment