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Oil Surges Past $103 as TSX Extends Losing Streak

  Markets are lower this morning as oil surges past US$103 and tech stocks remain under pressure, with the TSX coming off a fourth straight decline. Below is your ready-to-publish Canadian Money Brief update for April 29, 2026 , built from today’s market data and news. TSX slips as oil spikes and global tensions rise The S&P/TSX Composite opened at 33,584 , down 0.69% from yesterday’s close as weakness in tech and materials continues to weigh on the index. Rising geopolitical tensions and renewed uncertainty around the Iran conflict have pushed WTI crude above US$103 , lifting Canadian energy names but not enough to offset broader declines.  U.S. markets are also softer, with the S&P 500 down 0.49% and tech stocks retreating amid renewed AI growth concerns.  Oil rallies on OPEC turmoil Crude prices are up more than 3% , driven by the UAE’s announcement that it will exit OPEC and by expectations of prolonged supply disruptions tied to the Iran war.  ...

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"The time is always right to do what is right" by Martin Luther King Jr.

                         


Martin Luther King Jr.'s quote, "The time is always right to do what is right," is a powerful and timeless reminder of the importance of moral and ethical actions. This quote encourages individuals to act with integrity, even when facing challenging or uncertain circumstances. It emphasizes that there is never a wrong time to make a principled choice and stand up for what is just and right.

Dr. King's life and work were dedicated to advocating for civil rights and social justice, and this quote reflects his unwavering commitment to nonviolence and the pursuit of justice. It continues to inspire people to take action and make positive changes in the world, no matter when or where they find themselves. It serves as a reminder that each individual has the power to contribute to a more just and equitable society by making ethical choices and standing up for what is right.






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