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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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Hamas Releases Video of Two Israeli Captives Held in Gaza

 

Hamas, the militant group in Gaza, has published a video showing the first proof of life of two hostages being held: Keith Siegel, a 64-year-old American-Israeli citizen, and Omri Miran. In the undated footage, Mr. Miran states that he has been held captive for 202 days, while Mr. Siegel mentions the Passover holiday, suggesting the clips were filmed recently.

Mr. Siegel was kidnapped along with his wife Aviva on October 7. Aviva was freed in November during a brief truce, but at that time, she did not know if Keith was still alive. The Hostages Families Forum Headquarters confirmed that the Siegel and Miran families are aware of the latest video. This proof of life is the clearest evidence that the Israeli government must do everything to approve a deal for the return of all the hostages.

The video comes after another proof-of-life video released earlier in the week, showing Israeli-American hostage Hersh Goldberg-Polin, who lost his lower left arm during Hamas’s attack on southern Israel in October.

In the video, both Mr. Siegel and Mr. Miran urge the Israeli government to agree to a deal with Hamas for a ceasefire and the release of hostages. However, weeks of indirect negotiations have failed to produce an agreement. Hamas has previously insisted that any deal should include a permanent end to the war, full Israeli military withdrawal from Gaza, and unrestricted return of displaced people to their homes. Meanwhile, Israel maintains its stance that it must destroy Hamas in Gaza and free the hostages.

Despite warnings of potential humanitarian consequences, Israel appears to be moving ahead with plans for an offensive in Rafah, southern Gaza, where 1.5 million displaced Palestinians are sheltering.



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