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UK's Strategic Move: Britain Signals Possible Support for Israel Amid Iran Conflict

The United Kingdom has hinted at potential support for Israel in its ongoing conflict with Iran, though officials emphasize that recent military deployments are primarily precautionary. British Chancellor of the Exchequer Rachel Reeves stated on Sunday that additional military jets were sent to the Middle East to protect British bases and personnel. The escalation between Israel and Iran saw fresh attacks overnight, with Israeli Prime Minister Benjamin Netanyahu warning that Iran would face intensified strikes in the coming days. Speaking to Sky News, Reeves called for de-escalation but acknowledged that Britain has previously assisted Israel in defending against missile attacks. "We have, in the past, supported Israel when there have been missiles coming in," she said, adding that the UK is deploying assets both for its own protection and potentially to support allies. Britain has played a role in defending Israel before. Last year, British aircraft intercepted Iranian drone...

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Tech Surge Propels TSX to Record High Amid Market Optimism

Canada’s main stock index, the Toronto Stock Exchange (TSX), soared to a record high on Monday, driven by strong gains in the technology sector and broad-based market optimism. The S&P/TSX Composite Index closed at 26,073.13, marking a 0.8% increase, surpassing its previous record set last Tuesday.

Investor sentiment was buoyed by easing global trade tensions, with U.S. President Donald Trump backing down from proposed 50% tariffs on European Union shipments, providing a lift to global markets. The technology sector led the charge, advancing 1.8%, while industrials and consumer discretionary stocks also posted solid gains.

Among the standout performers, ATS Corp saw its shares jump 20.3% following better-than-expected quarterly revenue results. Meanwhile, Ivanhoe Mines faced a setback, with its stock tumbling 16.2% after suspending its output forecast due to seismic activity at its copper mine in the Democratic Republic of Congo.

With all 10 major sectors on the TSX ending higher, analysts suggest that the market breadth seen in this rally could support*further gains in the near term. As investors continue to monitor economic indicators and corporate earnings, the TSX’s momentum remains a key focus in the financial landscape.

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