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Yields Surge, TSX Sinks 584 Pts as Oil Rebounds and Iran Diplomacy Stalls

  Thursday, September 24, 2026  Wednesday's session was a rough one coast to coast. The TSX dropped 584 points — its steepest single-day loss in weeks — as surging bond yields, a rebound in oil prices, and a stalemate at the UN General Assembly in US-Iran diplomacy hammered banks, miners, and tech alike. Wall Street also closed in the red, with the 10-year Treasury yield touching 5.11%, its highest level since 2007. For Canadians, the story is a trifecta: higher yields mean costlier mortgages, higher oil means costlier gas (despite the holiday extension), and a weaker loonie near the critical C$1.41 mark means your US spending power is quietly shrinking. 🍁 Canada — TSX Composite Index / Asset Close (Sept 23) Change % Change S&P/TSX Composite 35,751.43 ▼ 584.18 pts ▼ 1.61% TSX — Previous Close 36,335.61 — — 52-Week High 37,069.11 — — 52-Week Low 29,530.92 — — The TSX fell nearly 600 points on Wednesday, its worst session since early August, as a brutal combination of risin...
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Biden Labels Debate Performance as 'Bad Night'; Senior Democrats Support Continuation of Campaign

In a recent development on the U.S. political front, President Joe Biden openly acknowledged a lackluster performance in a recent debate, describing it as 'a bad night'. Despite this critique of his own showing, influential members of the Democratic Party have indicated they will not advocate for Biden's withdrawal from the presidential race.

The comment by Biden highlights the competitive nature of the electoral process as the campaign season heats up. The debated event has been recognized for its pivotal moments, with candidates facing challenges in articulating their policy positions and demonstrating leadership capabilities to the electorate.

Senior Democrats, while acknowledging the significance of debate performances in shaping public opinion, have reiterated their support for Biden's candidacy. Their stance underscores a unified front within the party, emphasizing continuity and resilience as they navigate through the upcoming electoral hurdles.

The steadfast backing from prominent Democratic leaders reflects their confidence in Biden's ability to maneuver through the complexities of the presidential contest and effectively communicate his vision for the nation. As the election cycle progresses, Biden continues to emphasize the achievements of his administration and outline future policy objectives aimed at resonating with a diverse electorate.

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