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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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Trump Campaign Appeals for Urgent Donations Amid Cash Crunch

Donald Trump’s campaign is sounding the alarm as a financial storm gathers over its operations. In a desperate plea, the campaign has called on one million loyal supporters to step up and contribute. The stakes are high, and the consequences could be dire.

Two days ago, the former president faced a setback when he failed to secure a bond to cover a staggering $454 million judgment in a civil fraud case. Now, the campaign warns that Trump’s prized New York properties are at risk. The iconic Trump Tower itself hangs in the balance.

In a fiery message sent to backers, the joint fundraising committee implores them to rally behind Trump. “KEEP YOUR FILTHY HANDS OFF OF TRUMP TOWER!” it declares. The urgency is palpable. The civil fraud case, brought by New York State Attorney General Letitia James in 2022, is just one of the legal battles Trump faces as he gears up for a rematch with Democratic President Joe Biden in the upcoming November election.

President Biden has distanced himself from these legal proceedings, but the battle lines are drawn. The Trump campaign portrays James’ actions as part of a broader effort by Democrats to undermine Trump’s reelection bid. The stakes couldn’t be higher.

The campaign’s rallying cry echoes across the nation: “STOP THE WITCH HUNT AGAINST PRESIDENT TRUMP!” They urge one million pro-Trump patriots to contribute whatever they can. The fate of Trump’s properties hangs in the balance, and the clock is ticking.

Can Trump’s campaign weather this storm? While federal law restricts the use of campaign funds for personal expenses, Trump has previously used donor money to cover legal fees. But with the massive civil fraud judgment looming, the situation remains precarious.

As the battle intensifies, Trump’s financial woes cast a shadow over his political comeback. The plea for donations reverberates through the political landscape, and the outcome remains uncertain. 

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