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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 ...
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Hostages Set for Release: A Mix of Hope and Fear in Israel


The anticipated release of three high-profile male hostages has ignited a wave of excitement and anxiety across Israel. Yarden Bibas, Keith Siegel, and Ofer Kalderon, who have become household names since their abduction, are expected to be freed on Saturday. This release is part of the ongoing ceasefire agreement between Israel and Hamas, which has already seen the return of several hostages.

The families of the hostages are experiencing a mix of emotions. While there is joy and relief at the news, there is also deep concern for those still held captive, including the Bibas family's young children. Activists have been holding silent protests, calling for the release of all hostages, dead or alive.

As the nation awaits the release, the hope for a peaceful resolution remains strong, but the memories of the tragic events that led to this situation are still fresh.



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