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Weekly Market Snapshot: TSX Recovers, BoC Holds Steady & Jobs Miss

  Week of May 4–9, 2026 | Canadian Money Brief It was a week of cross-currents for Canadian investors — geopolitical tension, a rate hold in Ottawa, a disappointing jobs print, and a market that ultimately found its footing heading into the weekend. Here's everything you need to know. TSX: A Wobbly Week With a Friday Bounce The S&P/TSX Composite had a rough mid-week stretch but clawed back lost ground by Friday. The index fell 0.4% to close at 33,857 on Thursday, as investors locked in recent gains ahead of Friday's U.S. and Canadian jobs data. By Friday morning, however, sentiment improved: the S&P/TSX gained more than 0.5%, trading back above 34,000, as markets assessed the North American labour backdrop and the outlook for Middle East energy supply. The week's volatility was largely geopolitics-driven. Markets came into the week focused on earnings, but oil and geopolitics stole the spotlight — pulling investors between a constructive earnings backdrop and...

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Harris and Trump Neck-and-Neck as Election Day Approaches

 


With just days remaining until the 2024 U.S. presidential election, the race between Vice President Kamala Harris and former President Donald Trump is incredibly tight. Recent polls indicate a virtual tie, with both candidates vying for crucial swing states that could determine the outcome.

In Pennsylvania, a CNN poll conducted by SSRS shows the race is tied, while a Quinnipiac University poll gives Trump a slight edge. Nationally, the latest TIPP Tracking Poll also shows both candidates at 48% support. Harris maintains a narrow lead in Michigan and Wisconsin, according to CNN polls.

Both candidates are making their final appeals to voters in key battleground states. Harris is focusing on economic issues and job creation, while Trump is emphasizing his stance on immigration and appealing to religious voters. Early voting numbers have reached unprecedented levels, with millions of Americans already casting their ballots.

As Election Day approaches, the outcome remains uncertain, with both campaigns working tirelessly to secure a victory on November 5.

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