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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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Biden and Trump Debate: Age and Fitness in the Spotlight

 

In a highly anticipated first debate, President Joe Biden and former President Donald Trump sparred over key issues, with age and fitness emerging as focal points of the discourse. The debate, marked by sharp exchanges and intense scrutiny, provided a platform for both candidates to address concerns about their physical and mental capacities to lead the nation.

President Biden, at 81, faced questions regarding his stamina and ability to handle the rigors of the presidency. He countered these concerns by highlighting his recent legislative achievements and robust campaign schedule, aiming to demonstrate his vitality and readiness for another term. "My record speaks for itself," Biden asserted, emphasizing his experience and accomplishments in office.

Former President Trump, aged 78, also faced scrutiny regarding his fitness. Known for his energetic campaign style, Trump sought to project an image of vigor and resilience. He pointed to his swift recovery from COVID-19 and his continued active engagement in political and social events as evidence of his health and capacity to serve.

The debate delved into various policy issues, but the candidates' ages and fitness levels remained a persistent undercurrent. Both candidates aimed to reassure voters of their ability to lead effectively despite their advanced years. The evening underscored the increasing relevance of health and fitness in political leadership, particularly as the nation grapples with significant challenges both domestically and globally.

As the campaign progresses, the focus on age and fitness is likely to continue, with voters keenly evaluating the candidates' capabilities to manage the demands of the presidency. The debate has set the stage for a rigorous campaign season, with both Biden and Trump striving to prove their readiness to govern in these pivotal times.

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