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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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Wall Street Sees Modest Gains as Investors Anticipate Inflation Data


In a cautious trading session, Wall Street’s major indexes recorded slight advances with investors’ attention fixed on the forthcoming U.S. inflation report. The Dow Jones Industrials and S&P 500 futures signaled a modest uptick, reflecting a market braced for new economic indicators.

Home Depot’s Mixed Results Shares of Home Depot saw an uptick despite the company’s third consecutive quarter of declining sales. The home improvement giant surpassed profit expectations but faces challenges amid high mortgage rates that dampen home buying and renovation activities.

Meme Stocks Surge The meme stock phenomenon witnessed a resurgence, with GameStop and AMC Entertainment experiencing significant premarket jumps. This surge coincided with the reappearance of Keith Gill, also known as “Roaring Kitty,” a central figure in the meme stock movement.

Inflation and Economic Growth Watch Investors remain vigilant for signs of inflationary trends that could influence the Federal Reserve’s rate decisions. The anticipation builds for the U.S. government’s inflation update, which could offer insights into household and wholesale price changes and the broader economic outlook.

Stagflation Concerns Amidst hopes for a soft landing, concerns linger over the possibility of stagflation—a scenario combining high inflation with stagnant economic growth. However, recent remarks by Federal Reserve Chair Jerome Powell have provided some reassurance, suggesting a potential shift in monetary policy if inflation pressures subside.

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