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TSX Hits Record 36,957 as Bank Earnings Roll In, Markets Await Nvidia and Inflation Data

  The TSX closed at a fresh all-time high on Tuesday as a wave of strong bank earnings and a rally in financials and gold miners pushed the index higher, even as Canada confirmed retaliatory tariffs on roughly $20 billion of U.S. goods. On Wall Street, chip stocks rebounded ahead of Nvidia's earnings report, due after today's closing bell — the single biggest event on the market calendar this week. What It Means for You: Bank stocks jumping on strong Q3 earnings is a good sign for anyone holding a Canadian bank-heavy portfolio in a TFSA or RRSP. But today's two headline events — Nvidia's earnings and the U.S. PCE inflation report — could easily reverse the week's calm mood by tomorrow morning, so it's not a day to make big moves based on today's numbers alone. Canadian Markets Index Close Change S&P/TSX Composite 36,957.63 +243.51 (+0.66%) Canadian Dollar (USD/CAD) 1.3861 ~72.15 US cents The TSX gained 0.66% to a new record close, with financials, mater...
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Police Investigate Threatening Letter Sent to Australia’s Largest Mosque Ahead of Ramadan

 

                                            File photo: Lakemba Mosque in Sydney

Australian authorities have launched an investigation after a threatening letter was delivered to the nation’s largest mosque just days before the start of Ramadan. The message, received by the Lakemba Mosque in Sydney, reportedly contained hostile language and raised concerns among community leaders about the safety of worshippers during the holy month.

The mosque, a central hub for Australia’s Muslim population, is expected to welcome thousands of visitors throughout Ramadan. Community representatives have urged calm while emphasizing the importance of vigilance. Police have increased patrols around the site and are working to identify the sender.

Local officials condemned the incident, calling it an unacceptable act targeting a religious community during a significant period of reflection and prayer. Authorities have encouraged anyone with information to come forward as the investigation continues.


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