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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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Winter’s Arrival: Toronto Prepares for Sunday Snowfall

                                            Toronto snow.

Toronto is under a special weather statement as forecasters predict 2 to 10 cm of snow across the Greater Toronto Area beginning Sunday morning and continuing into the evening. The system is expected to bring a mix of rain and snow, with temperatures hovering near freezing, raising the possibility of slippery roads and transit delays.

The Toronto Transit Commission (TTC) has already begun winter preparations, including salting platforms and readying snow-clearing equipment. Commuters are advised to plan ahead, as the first snowfall often leads to slower service and longer travel times.

Poor driving conditions are likely, especially for those who have not yet switched to winter tires. Motorists are urged to adjust travel plans and allow extra time on the roads.

This marks the first significant snowfall of the season for Toronto, signaling the transition into colder, unsettled weather. While some areas closer to Lake Ontario may see lighter accumulation, inland regions could experience heavier snow.

Residents are encouraged to bundle up, prepare for icy sidewalks, and keep an eye on updated forecasts as the city braces for winter’s arrival.



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