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Weekly Market Snapshot: TSX Slips 0.5% as the BoC Hikes and a Friday Tech Rout Rattles Markets (Oct 26–30)

Canadian Money Brief Weekly Market Snapshot Week of October 26–30, 2026. Published Saturday, October 31, 2026. The Bank of Canada raised interest rates for the first time in more than three years, but it was a brutal Friday on both sides of the border that decided the week. The S&P/TSX Composite closed at 35,620.03 , down 0.5% on the week, after a 629-point (1.74%) slide on Friday as a global tech sell-off swept through markets. Wall Street fared worse: the Nasdaq lost 2.0% on the week and finished its worst month since March 2025. Oil climbed to a six-month high, and gold sank to a one-year low. The week in five lines TSX: −0.5% on the week, +1.1% in October.   BoC: hiked to 2.50%; the Fed held at 3.75%–4.00%.   Oil: WTI at US$104.12.   Gold: briefly under US$3,900, a one-year low.   Loonie: 71.63¢ US, near a six-week high. The Scoreboard: Closing Levels, Friday, October 30 Canada Index Close Friday Week S&P/TSX Composite 35,620.03 −1.74% −0.47% United ...
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NATO Urges Thorough Probe into Azerbaijan Airlines Crash

 

 NATO has called for a comprehensive investigation into the tragic crash of an Azerbaijan Airlines flight that killed 38 people near Aktau, Kazakhstan. The incident occurred on December 25, 2024, when an Embraer 190 aircraft, en route from Baku to Grozny, crashed shortly after diverting from an area in Russia.

NATO spokesperson Farah Dakhlallah expressed condolences, saying, "Our thoughts and prayers are with the families and victims of Azerbaijan Airlines flight J28243. We wish those injured in the crash a speedy recovery and call for a full investigation." The crash has left 29 survivors, with many hospitalized and receiving medical care.

The cause of the crash remains unknown, and Kazakh authorities have declared December 26 a day of mourning in Azerbaijan. NATO's call for a thorough investigation underscores the need for clarity and accountability in the wake of this devastating event.



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