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Canadian Money Brief – June 3, 2026: TSX Hits Record, Wall Street Retreats from Highs

  Wednesday, June 3, 2026  |    MoneySavings.ca Daily Markets Desk Markets head into Wednesday on a cautious note. Tuesday's record-setting session on the TSX and another all-time high for Wall Street are giving way to some early-morning hesitation — Dow futures are sliding ahead of the open as investors digest elevated oil prices, fresh warnings from the International Energy Agency, and ongoing uncertainty around the U.S.-Iran situation. Here's where everything stood at Tuesday's close and what to watch today. Canada — TSX Composite The S&P/TSX Composite closed Tuesday, June 2 at 35,169 , up 434 points (+1.25%) — a fresh all-time record. The index has now gained roughly 10% year-to-date , making it one of the stronger-performing major benchmarks globally. Energy and mining stocks led the charge. Canadian Natural Resources rose 2.8%, Imperial Oil gained 3%, and Cenovus advanced 4%. Among miners, Barrick climbed 2% on reports it is exploring a London listing for ...
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Israeli Strikes Claim Lives in Gaza as Ceasefire Talks Resume

 

In a tragic escalation of violence, Israeli military strikes have killed dozens of people in the Gaza Strip, including women and children. The strikes, which took place over the past 24 hours, have brought the death toll to 62, according to Palestinian medics. The attacks targeted various locations, including residential areas and a house in Gaza City, where 12 people were killed.

As the death toll rises, mediators have launched a new push for a ceasefire in Qatar. The talks, brokered by Qatari and Egyptian mediators with the support of the U.S. administration, aim to bring an end to the 15-month-long conflict and secure the release of Israeli hostages.

The situation remains tense, with both sides expressing a commitment to reaching an agreement, though it remains unclear how close they are to a resolution. The international community continues to call for an end to the violence and for humanitarian aid to reach those affected by the conflict.

The ongoing conflict has already displaced most of Gaza's 2.3 million residents and caused widespread destruction. As the talks proceed, the hope is that a ceasefire can be achieved to prevent further loss of life and suffering.




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