Markets Today: TSX Notches a Fourth Straight Record as Cooling Inflation Lifts Wall Street
August 13, 2026 The TSX closed at a record high for the fourth straight session on Wednesday as an in-line U.S. inflation reading calmed fears of a Federal Reserve rate hike next month, and futures point to more gains today. Oil is pulling back after a five-session climb, gold is sitting near two-month highs, and the loonie is holding close to an eight-week high — all while the clock ticks down on Ottawa's Aug. 19 tariff deadline. The 60-second version: Cooling U.S. CPI (3.4% annual, in line with forecasts) pushed Fed rate-hike odds for September down to roughly 36% from 48% a day earlier. The TSX closed at 36,662.14, Wall Street sits just below record territory, and Asian and European markets are following through higher this morning. Oil has eased toward $82–88 a barrel and gas prices should hold steady to slightly lower. Canada is still 6 days from the Aug. 19 tariff deadline, and as of this morning, Ottawa says the latest U.S. offer isn't good enough. TSX: Fourth Straigh...
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