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Weekly Market Snapshot: Records Everywhere as a Blowout Canadian Jobs Report Meets a Shock U.S. Loss

  August 8, 2026 A short, holiday-shortened week still managed to deliver record after record. The TSX, the S&P 500, the Nasdaq, and Europe's major indices all closed the week at or near all-time highs — even as Friday's jobs numbers told two very different stories on either side of the border. Here's everything that moved your money this week, and what to watch next. The Bottom Line The TSX capped its biggest weekly advance in about four months, closing Friday at a record 36,381.23 after Canada added a blowout 75,100 jobs in July (versus 17,800 expected). Wall Street also hit fresh records — but for the opposite reason: US employers unexpectedly cut 23,000 jobs, which markets read as reducing the odds of any further Fed rate hikes. Add in a fourth straight record close for European stocks, a wild swing in oil, and gold pushing toward US$4,400/oz, and it was a week where almost every major asset class ended up higher. 🇨🇦 Canada: TSX's Best Week Since April Canadia...
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Trump Shooting Incident: Secret Service Confirms RNC Security Plans Unchanged; New Shooter Details Emerge


In the wake of a shooting incident involving former President Donald Trump, the Secret Service has announced that there will be no changes to the security plans for the upcoming Republican National Convention (RNC). The agency reassured the public that current security measures are robust and sufficient to handle any potential threats.

Incident Overview

The shooting occurred during a public appearance by Trump, leading to immediate lockdown procedures and a rapid response from law enforcement and medical personnel. Trump was quickly escorted to safety by his Secret Service detail, and no serious injuries to the former president were reported.

Security Measures

The Secret Service has emphasized that their security protocols are comprehensive and adaptable, designed to protect high-profile individuals under any circumstances. Despite the incident, officials have decided that the existing plans for the RNC remain appropriate and effective.

Details on the Shooter

New information about the shooter has begun to emerge. Preliminary investigations indicate that the individual acted alone. Authorities are delving into the shooter's background, motives, and any potential affiliations. 

Community and Political Reactions

The incident has sparked reactions across the political spectrum, with leaders from both parties condemning the violence and calling for a thorough investigation. The event has also heightened concerns about the safety of political figures and the importance of robust security measures at major events. 

Conclusion

As the investigation continues, the Secret Service's decision to maintain the current RNC security plan highlights their confidence in the existing measures. Meanwhile, the nation watches closely as more details about the shooter and their motives come to light.

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