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Weekly Market Snapshot: TSX Notches a Fourth Straight Record, Loonie Hits an 8-Week High

  August 15, 2026 It was a record-setting week on Bay Street — four straight closing highs for the TSX, a fresh all-time high on Wall Street's S&P 500, and gold parked stubbornly above $4,300 an ounce. But Friday brought a reality check: soft U.S. retail sales data snapped the TSX's six-session winning streak, its longest since April, and pulled Wall Street off its records too. Underneath it all, the loonie quietly had its best week in months, and the clock on Canada's Aug. 19 tariff deadline is now down to single digits. Here's everything that moved your money this week, and what's on deck next. 🇨🇦 TSX: Four Records, Then a Friday Pullback The S&P/TSX Composite piled on top of last Friday's record close (36,381.23) with four more record finishes in a row — Monday through Thursday — before profit-taking set in Friday after a weak U.S. retail sales report soured the mood across North American markets. Day Close Change Mon, Aug 10 36,458.33 +0.2% (recor...
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Ceasefire Deliberations Continue Amidst Tensions in Gaza

 

The latest ceasefire proposal by Israel has been met with skepticism by Hamas, stating that it falls short of the Palestinian demands. Despite this, the offer is currently under review, as confirmed by Hamas on Tuesday. The proposal, which was conveyed through Egyptian, Qatari, and American mediators, has not been publicly detailed, but it is known to address the cessation of hostilities in the Gaza Strip.

The ongoing conflict has seen a significant escalation, with Israeli Prime Minister Benjamin Netanyahu announcing plans for a military ground offensive into Rafah, a densely populated area in Gaza. This move has raised concerns about the potential for increased civilian casualties and further devastation.

As the international community watches closely, the outcome of these ceasefire talks could be pivotal in determining the next phase of the conflict. Hamas has expressed its commitment to reaching an agreement that would end the aggression against the Palestinian people, yet it remains to be seen whether Israel’s proposal will be deemed acceptable.

The review of the ceasefire proposal comes at a critical juncture, with the United Nations committee set to review Palestine’s status as a full state member this month. Meanwhile, the region continues to grapple with the humanitarian crisis unfolding as a result of the six-month-long conflict.

Hamas’s response to the ceasefire proposal is highly anticipated, as it will signal the potential for progress or the likelihood of continued hostilities in the region.

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