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Markets Update — Friday, June 26, 2026: Global Tech Sell-Off Rattles Markets as TSX Holds Firm

  Friday, June 26, 2026 — Reporting on confirmed June 25 closing data. Asian and European figures reflect Friday session activity. 🇨🇦 Canada — TSX The S&P/TSX Composite Index closed Thursday at 34,850 , up 0.3% on the day — a relatively resilient showing while Wall Street struggled with a tech-driven selloff. Gains in the financial and mining sectors carried the index. The big Canadian banks were a bright spot: TD Bank added 0.9%, Royal Bank gained 0.4%, and BMO rose 0.9%. On the mining side, Agnico Eagle gained 1.7% as gold prices held near the $4,000 level. Technology names were the drag. Shopify fell 2.6%, Constellation Software lost 3.6%, and Celestica shed 0.7%, tracking the broader global selloff in tech stocks. Still, with Canadian tech making up a far smaller portion of the TSX than it does on U.S. indices, the damage was contained. Investors also parsed Thursday's Bank of Canada Summary of Deliberations, which confirmed policymakers are keeping monetary policy flexi...

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Mandla Mandela Returns Home After Israeli Detention Over Gaza Aid Mission

Mandla Mandela, who returned home with four other South Africans, said he and the group he was with were held in an Israeli prison for six days before being released via Jordan.

Mandla Mandela, grandson of the late anti-apartheid icon Nelson Mandela, has returned to South Africa after being detained and deported by Israeli authorities. He was part of the Global Sumud Flotilla, a humanitarian mission attempting to deliver aid to Gaza, which was intercepted at sea.

Mandela, along with four other South Africans, spent six days in an Israeli prison before being released via Jordan. Speaking at O.R. Tambo International Airport, where he was welcomed by supporters waving Palestinian flags, Mandela described being handcuffed with cable ties and paraded before being deported.

Despite the ordeal, he emphasized that his experience was minor compared to the daily suffering of Palestinians under blockade. “It’s nothing compared to what Palestinians have been subjected to on a daily basis,” he said.

The South African government has condemned Israel’s actions, calling the interception of the flotilla a violation of international law. The mission drew global attention, with activists from around 40 countries—including Swedish climate activist Greta Thunberg—detained and later deported.

Mandela vowed that the struggle for Palestinian freedom would continue, echoing his grandfather’s legacy of resistance against oppression.



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