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5 Things to Know Today: TSX Hits a Record and Nvidia Earnings Loom

  August 26, 2026 Bank earnings are rolling in, the TSX just set a fresh all-time high, and Nvidia's after-hours report tonight could set the tone for the rest of the week. Here's what's moving markets and your wallet today. 1. The TSX closed at a record 36,957.63 The TSX gained 243.51 points (+0.66%) on Tuesday, a fresh closing high, powered by strong bank earnings. Scotiabank jumped 7% and BMO rose 0.6% after both beat Q3 estimates, with National Bank reporting Wednesday and RBC, TD, and CIBC due Thursday. Gold miners also contributed to the gains. What it means for you: If you hold Canadian bank stocks in an RRSP or TFSA, this week's earnings parade is worth watching — strong results can support dividend stability, which matters most if you're relying on those payouts for retirement income. 2. Nvidia reports earnings after today's close Nvidia's results land after the bell today, and given the chip sector's recent volatility — Micron, AMD, and Broadc...
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Canada Adds Fewer Jobs Than Expected in October; Unemployment Rate Holds Steady

 

Canada’s job market showed signs of slowing down in October, as the country added fewer jobs than anticipated. According to Statistics Canada, the national unemployment rate remained unchanged at 6.5%.

The economy saw a modest increase of 15,000 jobs last month, falling short of economists’ expectations. This modest gain reflects ongoing challenges in the labor market, influenced by high interest rates and economic uncertainties.

Despite the job additions, the unemployment rate held steady, indicating that the labor market is still grappling with balancing job creation and economic pressures. The Bank of Canada has been closely monitoring these trends, especially as it aims to foster economic growth following recent interest rate cuts.

As the country navigates these economic conditions, the focus remains on creating sustainable employment opportunities and supporting workforce stability.


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