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Weekly Market Snapshot: Fed Hikes, Oil Above $100 and the TSX Finally Snaps Its Losing Streak (Sept. 15–19, 2026)

  September 19, 2026 It was the week everyone was waiting for. The Federal Reserve raised interest rates for the first time in three years — and almost immediately, markets started debating whether there's more to come. Meanwhile, oil pulled back from the week's highs but stayed well above $100 a barrel, and the TSX managed its first weekly gain after four straight weeks in the red. Here's everything that moved markets — and what it means for your wallet. 🍁 Canada — TSX Index Friday Close Week Change S&P/TSX Composite 35,806.65 +0.3% After four straight weeks in negative territory, the TSX finally caught a break — though "break" is generous. The index eked out a 0.3% weekly gain while closing Friday down 69.58 points (-0.2%), as rising bond yields and lingering energy-sector pressures kept the mood cautious on Bay Street. Financials were mixed: RBC edged slightly lower, TD rose 0.6%, but Fairfax Financial slid 2.6%. Gold miners pulled back after rallying shar...
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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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