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Weekly Market Snapshot Oct 5–9: Jobs Shock Hits the Loonie, TSX Still Gains

  The big picture: It was a wild ride for Canadian investors. The TSX tumbled 1.7% on Wednesday as bond yields surged, then rallied 1.5% on Friday even after Statistics Canada reported a shocking 68,300 job losses. The twist: bad news for the economy was good news for stocks, because it cut the odds of a Bank of Canada rate hike. The loonie wasn’t so lucky — it sank to an 18-month low. Here is your full week in review for Monday, October 5 to Friday, October 9, 2026 . The Weekly Scoreboard Market Fri Oct 9 close Day Week S&P/TSX Composite 35,664.62 +1.48% +0.5% S&P 500 7,811.54 +0.59% +1.2% Dow Jones 51,654.95 +0.83% +0.9% Nasdaq Composite 27,366.17 +0.64% +0.6% STOXX Europe 600 631.55 +0.97% 0.0% FTSE 100 10,552.04 +1.06% +0.9% DAX 25,087.27 +1.13% -0.6% CAC 40 7,803.33 +0.95% -1.2% Brent crude (US$/bbl) ≈ 104 ≈ flat +2% WTI crude (US$/bbl) ≈ 91 ≈ flat ≈ flat Gold, Dec futures (US$/oz) 4,216.30 +1.4% +1.3% USD/CAD (loonie ≈ 70¢ US) ≈ 1.4275 Loonie -0.4% Loonie -0.2% Weekl...
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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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