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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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Winter's Dawn: Celebrating the Solstice

The Winter Solstice, which occurred on December 21st, marks the shortest day and longest night of the year, signaling the official start of winter. Mary Walrath-Holdridge and Julia Gomez from USA TODAY explore the significance of this astronomical event and how it is celebrated across different cultures.

The solstice, occurring when the North Pole is tilted furthest away from the sun, brings the least amount of daylight and the longest night. This year, the solstice fell on December 21st at 4:21 a.m. EST, marking the astronomical beginning of winter in the Northern Hemisphere.

Historically, the Winter Solstice has been a time of celebration and reflection. Ancient civilizations, such as the Romans with their Saturnalia festival and the Norsemen with their bonfires, honored the return of the sun and the promise of longer days ahead. Today, people continue to observe the solstice with various traditions, including gatherings, feasts, and rituals that pay homage to the natural cycles of light and darkness.

The Winter Solstice also serves as a reminder of the delicate balance in nature and the promise of longer days to come. As we embrace the winter season, it’s a perfect opportunity to slow down, find warmth in the company of loved ones, and cherish the cozy moments that this time of year brings.

No matter how you choose to observe this day, the Winter Solstice invites us all to reflect on the passing year and set intentions for the new one. So, light a candle, sip on some hot cocoa, and embrace the magic of winter's arrival.




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