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Global Markets Weekly Wrap: TSX Hits 35,274 as Wall Street and Europe Rally

  Week of June 29 – July 3, 2026 It was a strong week for equities almost everywhere you looked. Canadian, U.S., and European markets all closed higher, with a softer U.S. jobs report cooling rate-hike fears and giving stocks room to run into the long weekend. Here's how Canada, the U.S., and the rest of the world's major markets performed. Canada Index Close Weekly Change S&P/TSX Composite 35,274.84 +294.84 (+0.84%) TSX Venture Composite 938.28 +2.61% (Fri.) Canadian Dollar (CAD/USD) US$0.7043 -0.10% (Fri.) Gold and materials stocks led the TSX higher on the week. Canadian markets were closed Wednesday, July 1 for Canada Day. United States Index Close Weekly Change S&P 500 7,483.24 +1.8% Dow Jones Industrial Average 52,900.07 +2.0% (record high) Nasdaq Composite 25,832.67 +2.1% Figures reflect Thursday, July 2 closing levels; U.S. markets were closed Friday, July 3 for Independence Day (observed). A softer-than-expected June jobs report drove gains by easing fears of f...
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New Year's traditions: How do people celebrate the new year around the world?

 New Year’s Eve and New Year’s Day are celebrated in various ways around the world. Here are some interesting traditions:

  • In Spain, it is customary to eat 12 grapes at midnight, one for each stroke of the clock, to bring good luck for the coming year.
  • In Scotland, the New Year is celebrated with a festival called Hogmanay. People swing giant fireballs on poles and parade through the streets.
  • In Denmark, people throw plates and glasses against their friends’ and neighbors’ front doors to banish bad spirits and bring good luck.
  • In Ecuador, it is tradition to burn effigies of famous people to destroy bad “juju” from the past year and start fresh.
  • In Thailand, it was once tradition to fire guns to frighten off demons.
  • In China, firecrackers are used to rout the forces of darkness.
  • In the United States, many people watch the ball drop in New York’s Times Square to ring in the new year.
  • In Canada, people often gather with friends and family to enjoy a feast and watch fireworks displays.
  • In Japan, people celebrate the new year with a traditional meal called “osechi ryori” and visit temples and shrines to pray for good fortune.

These are just a few examples of how people around the world celebrate the new year. Happy New Year! 

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