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Israel and Lebanon Agree to 10‑Day Ceasefire as Trump Announces Breakthrough

  Israel and Lebanon Reach 10‑Day Ceasefire Following Trump Announcement Israel and Lebanon have agreed to a 10‑day ceasefire set to begin at 5 p.m. EST, according to U.S. President Donald Trump, who said the truce followed “excellent conversations” with Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun.  The ceasefire comes after more than six weeks of intense fighting between Israel and Hezbollah, the Iran‑backed armed group operating in southern Lebanon. The conflict has resulted in over 2,000 deaths in Lebanon and displaced more than a million residents, while Israel has maintained a 10‑kilometre security zone in southern Lebanon. Trump stated that both leaders agreed to begin the truce to pursue peace, adding that he plans to invite them to the White House for the first direct talks between the two countries since 1983. Lebanese officials have welcomed the ceasefire, though Hezbollah has said its adherence depends on Israel halting all attacks....
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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 ground against the U.S. dollar after a string of declines. The recovery was aided by stabilizing oil prices and expectations that the Bank of Canada may hold off on further rate cuts amid improving economic signals.

With a pivotal week ahead—including key economic data releases and a looming July 9 tariff deadline—investors remain cautiously optimistic. But for now, the markets are celebrating a strong start to the second half of 2025.

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