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TSX Bounces Back as Tech Rally and Beijing Summit Lift Canadian Markets — May 15, 2026

The composite gained 227 points Thursday on AI enthusiasm and U.S.–China trade optimism — here's what Canadian investors need to know heading into the weekend. MoneySavings.ca Staff   |  Friday, May 15, 2026  |   moneysavings.ca/canadian-money-brief 📊 Market Snapshot — Thursday Close Index / Asset Level Change S&P/TSX Composite 34,268 ▲ +0.67% TSX Financials 683.60 ▲ +1.62% TSX Energy 430.72 ▲ +1.16% CAD / USD 0.7288 ▼ −0.04% Crude Oil (WTI) $101.95 ▲ +0.77% Sources: Yahoo Finance Canada, TMX Money. Data as of Thursday close. TSX Recovers After Mid-Week Stumble Canadian stocks finished Thursday on a firm note, with the S&P/TSX Composite Index rising 226 points — or 0.67% — to close at 34,268. The recovery follows a rough Wednesday session in which the benchmark fell 0.7% amid concerns over stubborn inflation and hawkish signals from the U.S. Federal Reserve. Thursday's broad-based gains were led by the financial and energy sectors, which climbed 1....

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Putin Proposes Meeting with Trump to Discuss Ukraine War and Energy Prices

In a recent statement, Russian President Vladimir Putin expressed his desire to meet with U.S. President Donald Trump to discuss the ongoing Ukraine war and energy prices. Putin emphasized the importance of addressing these issues, which have been highlighted by Trump in the early days of his new administration.

Putin acknowledged that serious peace talks with Ukraine would be challenging unless the West pressured Ukrainian President Volodymyr Zelenskiy to cancel a 2022 decree that bars negotiations with the Russian leader. He described Trump as smart and pragmatic, and expressed hope that a meeting could lead to constructive discussions on matters of mutual interest.

Trump, who was recently sworn in for a second, non-consecutive term, has also expressed his willingness to meet with Putin and seek an early end to the conflict. He has criticized the war as "ridiculous" and damaging to Russia's economy.

The proposed meeting marks a significant shift in the Kremlin's approach, as there has been little high-level contact with Western leaders due to the war in Ukraine. Both leaders have indicated their readiness to work together, with Putin noting his "pragmatic and trusting" relationship with Trump.

The potential summit could address various issues, including arms control and energy, given that both countries are major oil producers and consumers. Putin highlighted the need for stable oil prices, which are crucial for both economies.

As the world watches closely, the outcome of this proposed meeting could have far-reaching implications for the ongoing conflict in Ukraine and global energy markets.

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