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Stocks Rip to Records as Oil Craters on Iran De-Escalation Hopes

August 5, 2026 Global markets roared into record territory Tuesday as easing fears over a Middle East oil shock sent crude prices tumbling and investors piled back into stocks. The Dow closed above 54,000 for the first time ever, the S&P 500 hit its first record high since June, and the TSX bounced back hard from its Civic Holiday closure. Here's everything you need to know before the market opens today. 🇨🇦 TSX: Back With a Bang Canadian markets reopened Tuesday after Monday's Civic Holiday closure, and investors made up for lost time. The S&P/TSX Composite Index surged 575.45 points, or 1.63%, to close at 35,801.59 — one of its strongest single-day gains of the year — clawing back all of Friday's 0.79% pullback and then some. Index Close Change S&P/TSX Composite 35,801.59 +575.45 (+1.63%) TSX Venture 898.89 +3.66% The rally was broad-based, with financials and miners leading the charge: Brookfield Asset Management jumped more than 6% after officially comple...
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Global Markets Surge on Fed Rate Cut Signals


Markets around the world are experiencing a significant upswing as the Federal Reserve signals potential rate cuts in the coming year. This optimistic outlook has sparked a rally across both stock and bond markets, with Asia joining the upward trend.

Key Highlights:

  • Stock Market Rally: A global stock index has risen for six consecutive sessions, with notable gains in Australian and South Korean shares. The S&P 500 reached its highest point in nearly two years, and Apple Inc’s shares hit a new high.
  • Federal Reserve’s Dovish Stance: The Fed maintained current rates but hinted at a 75 basis point reduction in 2024 through its “dot plot,” a more aggressive cut than previously suggested.
  • Bond Market Gains: Following the Fed’s announcement, US Treasuries saw a rise, with 10-year yields dropping below 4% for the first time since August. Swap contracts indicate expectations of 140 basis points of easing within the next year.
  • Inflation Trends: Recent reports show a slowdown in producer-price increases and a decrease in the annual inflation rate, aligning with the Fed’s target.

This broad “risk-on” rally is anticipated to continue, with experts like Kellie Wood from Schroders Plc predicting robust market performance. The dovish signs from the Fed have indeed delivered an early Christmas gift to investors, setting a positive tone for market activities.

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