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Kospi Plunges 5%, Oil Near $106 as TSX Reopens | Daily Markets Update Oct 13

  Canadian Money Brief • Daily Markets Update • Tuesday, October 13, 2026 Good morning. Canadians return from the long weekend to a lot of catching up. Asia's chip stocks were hammered overnight, oil is hovering near US$106 a barrel, and the loonie is sitting near its weakest level in 18 months. The TSX reopens today after Thanksgiving, and Wall Street's big banks kick off earnings season ahead of tomorrow's US inflation report. The Big Three Today 1. Kospi crashes 5.46% to 6,035 on a global chip and AI selloff 2. Brent settles at US$106.65, its highest close since Sept. 15, on attacks on Saudi Arabia 3. TSX reopens after Friday's 519-point jump on a shock jobs report; USD/CAD near 1.43 Canada: TSX Reopens After a Jobs Shock The Toronto Stock Exchange was closed Monday for Thanksgiving, so Friday's session is still the latest close, and it was a big one. The S&P/TSX Composite jumped 519.24 points (+1.48%) to 35,664.62 after Statistics Canada reported that t...

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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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