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Weekly Market Snapshot: Geopolitical Fog Meets Earnings Season as Markets Grind Higher

Week ending April 24, 2026 | Canadian Money Brief – moneysavings.ca Markets this week found themselves caught between two powerful forces: a roaring U.S. earnings season pushing stocks to fresh records, and a simmering Middle East conflict keeping oil elevated and investor nerves frayed. For Canadians, that makes for a complicated but important picture heading into the last week of April. TSX Composite: Stuck in the Mud The S&P/TSX Composite spent the week trading in a tight band near the 34,000 mark, unable to mount a meaningful rally. Tuesday delivered a sharp blow — the index plunged over 550 points to close at 33,808 as U.S.-Iran ceasefire talks collapsed after U.S. Vice President JD Vance abruptly cancelled his Pakistan trip, where he was set to lead negotiations. Wednesday brought a partial recovery, with the TSX adding roughly 0.4% to close at 33,955 , helped by gains in energy and mining stocks following President Trump's announcement of an indefinite ceasefire ex...
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Gaza Ceasefire Talks Resume Amidst Grim Milestone: Over 40,000 Palestinians Killed

 

In a desperate bid to end the devastating conflict, negotiators from Israel and Hamas have resumed ceasefire talks in the Qatari capital, Doha. The war, which has raged for over ten months, has now claimed the lives of more than 40,000 Palestinians, according to Gaza health officials.

Despite the grim toll, yesterday’s negotiations were described as “constructive” by a US official. However, significant obstacles remain. Hamas insists on implementing a framework agreement that includes a complete ceasefire, withdrawal of Israeli forces, the return of displaced Palestinians, and a hostage exchange deal.

The situation is dire. Gaza’s Health Ministry reports that many more Palestinians are buried under rubble and threatened by illness. As the talks continue, the world watches, hoping for a breakthrough that can bring an end to this devastating conflict. 

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