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Canadian Money Brief – June 1, 2026: Markets Kick Off June on a High Note

  Markets Kick Off June on a High Note A strong finish to May carries momentum into the first trading session of June, with tech leading the charge and a major Berkshire deal grabbing headlines. At a Glance — Friday May 29 Close (Most Recent Confirmed) Index / Asset Level Change S&P/TSX Composite 34,769 +0.73% S&P 500 7,580 +0.22% Dow Jones 51,032 +0.72% Nasdaq Composite 26,973 +0.20% CAD/USD 0.7249 –0.06% WTI Crude Oil US$87.36/bbl –1.73% Gold US$4,574/oz –0.42% Sources: Yahoo Finance, Trading Economics. Closing data as of May 29, 2026. June 1 intraday data referenced in body. May Goes Out on a High North American markets wrapped up May in fine form. All three major U.S. indexes — the S&P 500, the Dow, and the Nasdaq — finished Friday at record closing highs, capping a month that saw the tech-heavy Nasdaq surge roughly 8% and the S&P 500 gain around 5%. The TSX also had a solid run, closing above the 34,700 mark on Friday, supported by a rebound in financials and ...

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Israeli Military Faces Scrutiny Over Gaza Aid Worker Deaths


The Israeli military has come under intense scrutiny following the killing of 15 aid workers in Gaza on March 23. According to an initial investigation, the military stated that the incident occurred due to a "sense of threat" after troops perceived danger in the area. Six of the individuals killed were identified as Hamas militants, the military claimed.

The emergency workers, including members of the Red Cross, Red Crescent, and United Nations, were reportedly shot while traveling in clearly marked ambulances and fire trucks with their lights on. This account contradicts the military's initial statement, which suggested the vehicles approached in the dark without markings.

The Palestine Red Crescent Society has called for an independent international investigation, labeling the attack a "full-fledged war crime" and highlighting repeated violations of international humanitarian law. The Israeli military has promised a deeper investigation to clarify the circumstances surrounding the incident.

This tragic event has sparked global outrage and renewed calls for accountability in conflict zones. The findings of the ongoing investigation will likely shape international responses to the incident.

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