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Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...
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Police Intensify Search of Mountbatten-Windsor’s Former Estate Following Arrest

Police search at Royal Lodge continues for second day as Andrew released under investigation.


British police continued an extensive search of Andrew Mountbatten-Windsor’s former residence on Friday, one day after his arrest on suspicion of misconduct in public office. Officers were seen entering Royal Lodge and the Sandringham Estate as part of an ongoing investigation linked to his association with the late financier Jeffrey Epstein. Journalists gathered outside the properties as unmarked police vehicles arrived throughout the morning. 

Mountbatten-Windsor, formerly known as Prince Andrew, was detained for roughly 11 hours before being released under investigation. Authorities have not filed charges, but the inquiry remains active, with searches now stretching into a second day. 

The arrest marks a significant escalation in the long‑running scrutiny surrounding his ties to Epstein. Police have confirmed that investigative efforts will continue as they examine allegations that the former prince may have shared confidential information with the disgraced financier.

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