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Markets Update: TSX Climbs, Brazil Crashes 14% as BoC Hike Looms (Oct. 27)

  Canada's main index gained ground Monday as softer oil and a rebound in tech lifted markets worldwide, but the real drama was in Brazil, where stocks plunged almost 14% in a single session. With the Bank of Canada and the Fed both deciding on rates Wednesday, traders are positioning for a big week. 🇨🇦 Canada: TSX Rebounds The S&P/TSX Composite closed at 35,944.16, up 155.98 points (+0.44%) , recovering from Friday's 35,788.18 close. Financials led the way (+0.81%), while energy edged up 0.44% even as crude slipped. The index remains about 2.7% below its late-August record of 36,957.63. The loonie slipped to roughly 71.3 US cents from 71.46 on Friday, as the U.S. dollar gained against most major currencies. Canada Close Change S&P/TSX Composite 35,944.16 ▲ +0.44% TSX Financials 754.94 ▲ +0.81% TSX Energy 493.87 ▲ +0.44% Canadian dollar (US¢) ~71.3 ▼ from 71.46 🇺🇸 United States: Tech Leads a Rebound Wall Street snapped back after two straight weekly losses. Oil...
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Pope Francis Shows Resilience Amid Health Setback


Pope Francis, 88, is resting and recovering after a recent health setback during his two-week battle with double pneumonia. The Vatican reported that the Pope experienced an isolated bronchial spasm, which caused a sudden worsening of his respiratory condition. Doctors promptly placed him on non-invasive mechanical ventilation after aspirating vomit that had been inhaled during a coughing fit.

Despite the alarming episode, the Pope remains conscious and alert. Encouragingly, he started his day with coffee and the morning newspapers, signaling a return to some normalcy. The Vatican emphasized that his prognosis remains guarded, but there have been no further respiratory crises overnight.

This health challenge comes as Pope Francis continues to inspire millions with his resilience and dedication, even amidst personal health struggles. The global Catholic community remains united in prayer for his swift recovery.

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