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Weekly Market Snapshot: Geopolitical Fog Meets Earnings Season as Markets Grind Higher

Week ending April 24, 2026 | Canadian Money Brief – moneysavings.ca Markets this week found themselves caught between two powerful forces: a roaring U.S. earnings season pushing stocks to fresh records, and a simmering Middle East conflict keeping oil elevated and investor nerves frayed. For Canadians, that makes for a complicated but important picture heading into the last week of April. TSX Composite: Stuck in the Mud The S&P/TSX Composite spent the week trading in a tight band near the 34,000 mark, unable to mount a meaningful rally. Tuesday delivered a sharp blow — the index plunged over 550 points to close at 33,808 as U.S.-Iran ceasefire talks collapsed after U.S. Vice President JD Vance abruptly cancelled his Pakistan trip, where he was set to lead negotiations. Wednesday brought a partial recovery, with the TSX adding roughly 0.4% to close at 33,955 , helped by gains in energy and mining stocks following President Trump's announcement of an indefinite ceasefire ex...
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US Stock Market Set to Open Higher After Blowout Jobs Report and Strong Tech Earnings

 

The US stock market is expected to open higher today after a blowout jobs report and strong earnings from tech giants Amazon and Meta. 

The economy added 353,000 jobs in January, almost double the 185,000 expected by economists. The unemployment rate remained unchanged at 3.7%. Amazon and Meta delivered strong earnings reports on Thursday, with Meta surging more than 17% in premarket trading and Amazon popping nearly 7%. Apple, however, fell as much as 2.5% before the market open, despite an earnings beat, due to warning signs about its China business.

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