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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's Debate Performance: A Missed Opportunity

 

Joe Biden’s debate performance has been a topic of concern for Democrats. During the recent debate, he stumbled and struggled to defend his record. 

His hoarse voice and incorrect statements raised alarm bells among his supporters.  Some even called for an open convention, questioning whether he’s the right candidate to face Donald Trump in the upcoming election. 

While Biden did recover somewhat during the debate, the initial impression left Democrats worried about his ability to lead the party forward. It’s a critical moment as voters tune in, and first impressions matter. Let’s see how this unfolds in the coming months. 

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