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Weekly Market Snapshot: Fed Hikes, Oil Above $100 and the TSX Finally Snaps Its Losing Streak (Sept. 15–19, 2026)

  September 19, 2026 It was the week everyone was waiting for. The Federal Reserve raised interest rates for the first time in three years — and almost immediately, markets started debating whether there's more to come. Meanwhile, oil pulled back from the week's highs but stayed well above $100 a barrel, and the TSX managed its first weekly gain after four straight weeks in the red. Here's everything that moved markets — and what it means for your wallet. 🍁 Canada — TSX Index Friday Close Week Change S&P/TSX Composite 35,806.65 +0.3% After four straight weeks in negative territory, the TSX finally caught a break — though "break" is generous. The index eked out a 0.3% weekly gain while closing Friday down 69.58 points (-0.2%), as rising bond yields and lingering energy-sector pressures kept the mood cautious on Bay Street. Financials were mixed: RBC edged slightly lower, TD rose 0.6%, but Fairfax Financial slid 2.6%. Gold miners pulled back after rallying shar...
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Stock Futures Signal Sustained Rally Amid Positive Market Sentiment

 


In a promising start to the day, stock futures have edged higher, indicating that the recent market rally is not only holding but set to continue. Investors appear to be riding a wave of optimism as earnings season progresses, with several key companies reporting better-than-expected results.

The upbeat mood in the market is further bolstered by the performance of international markets and the sales of blockbuster drugs, which have led companies like Novartis to raise their guidance. This positive outlook is reflected in the pre-market gains across major indices, suggesting a robust opening for the trading day.

Despite some concerns over inflation and interest rate hikes, the overall sentiment remains bullish. Market analysts are closely monitoring the Federal Reserve’s signals, which could impact the trajectory of the rally. However, for now, the green arrows in the futures markets are pointing to a continuation of the upward trend that has characterized the past sessions.

As the market opens, all eyes will be on the performance of the stocks that have been the drivers of the rally, with investors hoping that the momentum will carry through to secure another day of gains.

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