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Weekly Market Snapshot: Geopolitical Fog Meets Earnings Season as Markets Grind Higher

Week ending April 24, 2026 | Canadian Money Brief – moneysavings.ca Markets this week found themselves caught between two powerful forces: a roaring U.S. earnings season pushing stocks to fresh records, and a simmering Middle East conflict keeping oil elevated and investor nerves frayed. For Canadians, that makes for a complicated but important picture heading into the last week of April. TSX Composite: Stuck in the Mud The S&P/TSX Composite spent the week trading in a tight band near the 34,000 mark, unable to mount a meaningful rally. Tuesday delivered a sharp blow — the index plunged over 550 points to close at 33,808 as U.S.-Iran ceasefire talks collapsed after U.S. Vice President JD Vance abruptly cancelled his Pakistan trip, where he was set to lead negotiations. Wednesday brought a partial recovery, with the TSX adding roughly 0.4% to close at 33,955 , helped by gains in energy and mining stocks following President Trump's announcement of an indefinite ceasefire ex...
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Pope Francis Shows Signs of Recovery from Pneumonia

Pope Francis is making strides in his recovery from pneumonia, according to the Vatican. The 88-year-old pontiff has been hospitalized at Rome's Gemelli hospital since February 14th after a bout of bronchitis worsened. Despite the severity of his condition, recent updates from the Vatican indicate that Pope Francis is showing positive signs of improvement.

On Thursday morning, the Pope was able to sit up out of bed and eat breakfast, marking his sixth peaceful night at the hospital. Vatican spokesman Matteo Bruni reported a slight improvement in some inflammation indices based on new blood tests conducted late Wednesday.

The Pope's condition had initially raised concerns due to his age and pre-existing health issues, including the loss of part of his right lung decades ago. However, his ability to get out of bed and maintain good spirits has been seen as a positive sign by medical experts.

Italian Premier Giorgia Meloni visited Pope Francis on Wednesday and noted that he was alert, responsive, and in good humor despite his diagnosis. The Pope is currently receiving a combination of antibiotics, cortisone, and additional pharmacological treatments to aid his recovery.

As the world continues to pray for his swift recovery, the Vatican remains hopeful that Pope Francis will overcome this health challenge and return to his duties soon.


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