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Markets Brief: Iran Deal Hopes Drive Global Rally — TSX Eyes a Strong Open | May 29, 2026

It's been a week dominated by one headline: the U.S.-Iran war and the fragile hopes of a peace deal. Heading into the long weekend, markets are ending Friday on an optimistic note, with record-setting sessions in Asia and a strong tone across North America. Here's your full wrap. Canada — TSX After a rough patch mid-week, the TSX bounced back Thursday — its first gain since Monday's record close — finishing up around 0.7% to the 34,770s range, driven largely by a blockbuster round of Big Six bank earnings. All six of Canada's largest banks beat analysts' estimates for Q2 (quarter ended April 30), raising dividends and signalling cautious optimism despite the volatile global backdrop. RBC posted a standout quarter, with its Wealth Management division up 28% year-over-year. TD Bank earned $4.25 billion in adjusted net income ($2.38/share), topping expectations, and raised its dividend. CIBC's profit surged 43%, with adjusted EPS of $2.76 beating consensus by a wid...

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Outrage and Demands for Justice: Protests Erupt Across India After Doctor’s Brutal Murder


In the wake of a horrifying incident, India has witnessed widespread protests and outrage over the rape and killing of a young doctor at a state-run hospital. The victim, a trainee doctor at Kolkata’s RG Kar Medical College and Hospital, was found dead with extensive injuries. Her colleagues discovered her half-naked body on the podium, leading to shock and anger within the medical community and beyond.

The incident has sparked nationwide demonstrations, with doctors, paramedics, and medical students taking to the streets. Their demands include a safer working environment and justice for the victim. Thousands of doctors marched in Kolkata and other parts of West Bengal, denouncing the killing and calling for better security measures.  Government hospitals experienced disruptions as resident doctors demanded a CBI inquiry and better security, leading to suspensions of outpatient services and surgeries in various states.

The brutal crime has highlighted the chronic issue of violence against women in India. As protesters continue to raise their voices, the nation grapples with the urgent need for systemic change and accountability. The doctor’s tragic death serves as a stark reminder that safety and justice must prevail within our healthcare institutions.

Let us hope that these protests lead to meaningful reforms and a safer environment for all healthcare professionals in India. 

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