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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-Trump Debate: Age Concerns Take Center Stage

The upcoming debate between U.S. President Joe Biden and Republican Donald Trump is a crucial moment for both candidates. At age 81, Biden aims to demonstrate his capability to handle the rigors of another four-year term, while Trump, at 78, faces scrutiny over his age and stamina. 

A strong performance by Biden could neutralize concerns and shift focus to policy issues, while a weak showing might impact fundraising and poll standings. Mental fitness remains a key issue for undecided voters, with some expressing worries about Biden’s age. Let’s see how this pivotal debate unfolds! 

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