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Markets Soar to Record Highs as Loonie Rebounds Amid Trade Optimism

North American stock markets kicked off July with a bang, as the TSX, S&P 500, and Nasdaq all closed at record highs  on Monday, buoyed by strong tech performance and renewed optimism around global trade negotiations. The S&P 500 rose 0.52% to 6,204.95 , while the Nasdaq climbed 0.48% to 20,369.73 , both notching fresh all-time highs. The Dow Jones Industrial Average added 275 points , closing at 44,094.77. Canada’s TSX Composite Index also surged , reflecting investor confidence in the domestic economy and easing geopolitical tensions. Driving the rally were heavyweight tech stocks like Nvidia, Meta, and Microsoft, which continued to benefit from investor enthusiasm around artificial intelligence and digital transformation. The momentum was further supported by Canada’s decision to scrap its digital services tax, a move seen as a goodwill gesture to advance trade talks with the U.S.. Meanwhile, the Canadian dollar (loonie) rebounded  from last week’s dip, recovering g...
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Escalating Violence in Gaza: Israeli Strikes Claim 82 Lives Amid Aid Crisis

 

Israeli airstrikes in Gaza have resulted in the deaths of at least 82 people, including women and children, as the humanitarian crisis deepens. Hospitals in the region report being overwhelmed, with medical supplies running dangerously low. 

Despite international pressure, aid deliveries remain stalled. While Israel has allowed humanitarian trucks into Gaza, logistical challenges and security concerns have prevented the distribution of essential supplies to those in need. The United Nations has expressed frustration over the delays, warning that the situation is becoming increasingly dire. 

The ongoing conflict has drawn condemnation from global leaders, with calls for an immediate ceasefire and unrestricted humanitarian access. However, Israeli officials maintain that military operations will continue until Hamas is defeated. 

As the violence escalates, civilians in Gaza face mounting hardships, with limited access to food, water, and medical care. The international community continues to push for diplomatic solutions, but the path to peace remains uncertain.

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