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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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Eurovision Faces Turmoil as Nations Withdraw Over Israel’s Participation

 


The Eurovision Song Contest has been thrown into controversy after organizers confirmed that Israel will remain in the competition despite mounting calls for its exclusion. The decision, announced late Thursday, prompted immediate backlash from several countries, with Spain, Ireland, and others declaring they will withdraw in protest.

Critics argue that Israel’s inclusion undermines the contest’s spirit of unity and cultural exchange, while supporters insist that Eurovision should remain apolitical and open to all member nations. The withdrawals mark one of the most significant collective protests in the contest’s recent history, raising questions about how the event can balance artistic celebration with political sensitivities.

With tensions running high, the upcoming edition of Eurovision is set to be one of the most divisive in decades, as the absence of key countries reshapes the competition’s landscape and sparks debate across Europe.

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