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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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Intensified Immigration Raids Target New Orleans

 

Federal agents began hitting the streets of New Orleans on Wednesday in the Trump administration's latest immigration crackdown across the U.S., looking to round up immigrants accused of violent crimes, a U.S. Homeland Security official said.


The Trump administration has launched a new wave of immigration enforcement actions in New Orleans, marking the latest escalation in its crackdown on undocumented immigrants. Federal agents conducted coordinated raids across the city, focusing on workplaces and neighborhoods with large immigrant populations.

Officials stated the operation was part of a broader national strategy to enforce immigration laws more aggressively. Supporters argue the measures are necessary to uphold border security and deter illegal entry. Critics, however, warn that such raids instill fear in immigrant communities, disrupt families, and strain local economies.

Community organizations in New Orleans have mobilized to provide legal assistance and support for affected families. Advocacy groups continue to call for comprehensive immigration reform, emphasizing the need for policies that balance enforcement with humanitarian protections.


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